Sri Lanka has secured a USD 52 million loan from the Asian Infrastructure Investment Bank (AIIB) to implement the Kerawalapitiya–Port L Second Transmission Line Project.
The project involves the design, supply, construction, testing, and commissioning of a 220 kV single-circuit underground cable system connecting the Kerawalapitiya Switching Station to the Colombo Port L Grid Substation. It will serve as the second underground cable along this route, complementing an earlier line commissioned in 2019. With this project, the bank’s total commitments in the country have reached USD534 million across five projects in the energy and urban infrastructure sectors.