Assessment of Power Sector Reforms in Sri Lanka

Download or read book Assessment of Power Sector Reforms in Sri Lanka written by Asian Development Bank and published by Asian Development Bank. This book was released on 2015-09-01 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.