Assessment of Power Sector Reforms in Sri Lanka: Country Report

Asian Development Bank (adb), Asian Development Bank (adb) (), Asian Development Bank (adb) and Asian Development Bank (adb)
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Asian Development Bank (adb): Economic Research and Regional Cooperation Department, ADB
Asian Development Bank (adb): Economic Research and Regional Cooperation Department, ADB

No RPT157618-2, ADB Reports from Asian Development Bank (ADB)

Abstract: 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.

Keywords: power sector; Sri Lanka; power sector reforms; retail competition; privatization; wholesale power market; competitive power market; transmission and distribution; unbundling; power generation; tariff setting; tariff reform; power supply security; economic outcomes; social outcomes; environmental outcomes; market-based regulation; power sector planning. (search for similar items in EconPapers)
Pages: 78 pages
Date: 2015-09
New Economics Papers: this item is included in nep-ene
References: View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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