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Sri Lanka’s Smart Grid Project to Receive $34 Million from France

Total cost of this project is estimated to be $260 million

October 22, 2018

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In an effort to reduce the transmission losses at its state utility Ceylon Electricity Board (CEB), Sri Lanka is slated to receive ₹2,529 million (~$34.41 million) from French Agency for Development (AFD). The sum will be utilized by CEB to implement the Tranche II of the green power development and energy efficiency improvement investment program.

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