International Finance Corporation (IFC), a member of the World Bank Group, and Sri Lanka’s National Development Bank (NDB Bank) will jointly support the country’s drive to raise its power-generation capacity.
The renewable energy projects are expected to offer economic benefits for local project developers, including small and medium enterprises.
“Lucrative mini-hydro energy options are limited while opportunities in wind power are growing,” says Russell de Mel, chief executive officer of NDB Bank.
“Bankers
