Region: South Asia
Country: Sri Lanka
Sectors: Energy and Power
The Government of Sri Lanka (GOSL), with the assistance of the World Bank and the Global Environment Facility (GEF) has established the Renewable Energy for Rural Economic Development (RERED) Project, which aims to foster rural economic development through private sector and community based development models. Project targets include (a) provision of electricity access to households through solar home systems and independent mini-grids fed by micro hydros, wind and biomass generators, (b) electrification of small and micro rural enterprises through renewable energy resources and (c) addition of capacity through grid-connected renewable energy power plants. GOSL has appointed DFCC Bank as the RERED Administrative Unit (AU). The RERED Project channels funds through participating credit institutions (PCI) to individual investments. Grant funds are also available from the GEF for selected technical assistance activities.
For more information about this sector, please visit
For more project background, please visit: Sri Lanka - Renewable Energy for Rural Development (RERED) Project
Updated: March 21, 2021