Assessment of Power Sector Reforms in Sri Lanka

Country Report

Business & Finance, Industries & Professions, Industries
Cover of the book Assessment of Power Sector Reforms in Sri Lanka by Asian Development Bank, Asian Development Bank
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Author: Asian Development Bank ISBN: 9789292571023
Publisher: Asian Development Bank Publication: September 1, 2015
Imprint: Asian Development Bank Language: English
Author: Asian Development Bank
ISBN: 9789292571023
Publisher: Asian Development Bank
Publication: September 1, 2015
Imprint: Asian Development Bank
Language: English

Sri Lanka's power sector reforms were undertaken as part of a larger overall economic recovery effort and much-needed reconstruction program following a 30-year civil war. The power sector's restructuring, primarily geared toward encouraging more competition and improved regulation, has brought about wider access to the grid, lower transmission and distribution losses, and a more efficient generation system; but it was met with limited success in unbundling the power system and in making electricity tariffs cost-based and more efficient. This country report by the Asian Development Bank assesses Sri Lanka's experience in reforming its power sector for lessons and insights that other economies could find useful when pursuing their own power sector planning and policy and strategy formulation.

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Sri Lanka's power sector reforms were undertaken as part of a larger overall economic recovery effort and much-needed reconstruction program following a 30-year civil war. The power sector's restructuring, primarily geared toward encouraging more competition and improved regulation, has brought about wider access to the grid, lower transmission and distribution losses, and a more efficient generation system; but it was met with limited success in unbundling the power system and in making electricity tariffs cost-based and more efficient. This country report by the Asian Development Bank assesses Sri Lanka's experience in reforming its power sector for lessons and insights that other economies could find useful when pursuing their own power sector planning and policy and strategy formulation.

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