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Press briefing of Cabinet Decision taken on 2012-05-03
Selection of "Financial Service Provider" for the "Rural Household Connection" Project, under the ADB Loan: L2519-SRI - Clean Energy Access Project
- this project is to facilitate electricity access to poor households, initially in three Districts, namely, Hambantota, Ratnapura and Ampara. The proposed Rural Household Connection Project with a project funding of US $3.5 million from the Asian Development Bank, intends to operate on the following objectives:

* improve operational and financial efficiency in rural electrification in the country;
* expand coverage of rural electrification; and
* establish a loan - funded credit support programme to provide electricity to poor households, including those living in areas affected by the conflict.

The proposal made by Hon. Patali Champika Ranawaka, Minister of Power and Energy, to authorize the CEB, on the recommendation of the Standing Cabinet Appointed Procurement Committee, to accept the Bid of SANASA Development Bank to operate as the Financial Service Provider for this project, was approved by the Cabinet.