In Short : The Asian Development Bank (ADB) has approved support to advance Sri Lanka’s power sector reforms, focusing on improving financial sustainability, modernizing infrastructure, and strengthening regulatory frameworks. The initiative aims to enhance energy reliability, promote renewable integration, and support long-term sector stability. By addressing structural challenges, the program will help ensure a more […]
In Short : Aligning carbon taxes and fuel subsidies is crucial to achieving climate goals and ensuring sustainable development. By implementing carbon taxes, governments can incentivize businesses and consumers to reduce emissions. Simultaneously, reforming fuel subsidies can redirect financial support toward cleaner energy alternatives, promoting a shift away from fossil fuels. This dual approach will […]
In Short : Reforms can include measures such as improving infrastructure, implementing technology solutions, reducing technical and commercial losses, promoting renewable energy integration, and enhancing governance and financial management within discoms. In Detail : The Union Minister for Power and New & Renewable Energy has informed that as a result of the reform measures undertaken […]