The “Rooftop Solar PV Power Generation Project” provides electricity consumers with long-term debt financing for installation of rooftop solar photovoltaic power generation systems in Sri Lanka. The credit line of US $ 50 million established by the Government of Sri Lanka (GoSL) through a loan from the Asian Development Bank (ADB) provides the required financing on preferential terms. As part of the project, technical and commercial frameworks are introduced including technical guidelines and standards for solar rooftop systems that would add value in developing solar rooftop installations. The credit line is managed by the Ministry of Finance (MoF) and funds are channeled to the beneficiaries through selected Banks (Participating Financial Institutions -PFI). The technical support is provided by the Project Implementation Unit (PIU) in close collaboration with MoF, Ministry of Power, Energy and Business Development (MoPE) and Sri Lanka Sustainable Energy Authority (SLSEA).
Power generated through the Rooftop Solar PV Installations can be integrated with the National grid through the Utility Providers in Sri Lanka, namely Ceylon Electricity Board and Lanka Electricity Company Private Limited under the following three schemes.