France provides a Loan of USD 70 m for Ambatale Water Supply System Improvement and Energy Saving Project [fr]
A loan agreement was signed by the French Development Agency (AFD) with the Government of Sri Lanka for a loan of US$ 70 m (approximately LKR 9,000 m) to finance the implementation of Ambatale Water Supply System Improvement and Energy Saving Project.
Works will include several pump replacement, transmission pipe laying, construction of a 15,000 m3 reservoir and installation of a SCADA system and a backwash water recovery system for the Ambatale water treatment plant.
This project will increase the treatment efficiency and reduce energy losses during water treatment and transport. The water loss reduction, due to the equipment upgrade, will allow using saved water in new areas. The energy saving will be converted in substantial cost saving on a strategic item as energy costs make 20% of the NWSDB expenses. Decreasing power requirement will also help reduce operating costs, thus improving Water Board revenues and decreasing emissions of greenhouse gases as most of the energy in Sri Lanka is produced with fossil fuel..
The Project will be implemented by the National Water Supply and Drainage Board under the supervision of the Ministry of Water Supply and Drainage. This project is included into a bigger programme “Greater Colombo Water” financed by the Asian Development Bank (ADB) .
The signing of the agreement took place today at the Ministry of Finance and Planning. Ms Aude Flogny- Catrisse, AFD Regional Director for South East Asia, signed the agreement on behalf of the AFD while Dr P.B. Jayasundera, Secretary, Ministry of Finance and Planning signed on behalf of the Government of Sri Lanka. H.E. Jean Paul Monchau, French Ambassador in Sri Lanka also co-signed the agreement.