Renewable Energy for Rural Economic Development Project - Sri Lanka
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  Following the 3MW pilot wind farm executed by CEB under the ESD Project and regional wind resource measurements, there has been considerable interest by the private sector in developing wind power projects in several promising sites in Sri Lanka. The wind power industry will be led by the private sector, with active government support and regulations, including transparent tariff setting. Carbon trading mechanisms offered on the international market will also be tapped to improve financial returns. However some critical barriers to full commercialisation of wind power projects do exist. They include the absence of regulation, weak transmission grid in certain wind-rich areas and limited private sector capacity at present. Some of these issues will be addressed through technical assistance. The RERED Project envisages a capacity addition of 20-25MW to the grid through wind power.
           
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