Lankapage Logo Recent Top Stories
CP 14 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Concessionary loans to electrify low income rural households in Sri Lanka
Mon, Apr 28, 2014, 10:37 am SL Time, ColomboPage News Desk, Sri Lanka.

Apr 28, Colombo: Sri Lanka's Ministry of Power and Energy has initiated a program to grant concessionary loans to the low income groups to electrify their households.

Under the program, the low income families in rural areas will be given a maximum loan of 40,000 rupees to obtain electricity facilities. They can use the loan to cover the costs of wiring and power connection to the new or existing houses without electricity.

The loan scheme will be effective from April 30th. The loan is recovered within six years in installments with a low interest rate.

The loan scheme is implemented with a US$ 3.5 million grant from the Asian Development Bank.

The first stage of the loan scheme will be implemented in Hambantota, Ampara and Ratnapura districts.

ColomboPage - Recent 10 Stories
Sri Lanka's migrant workers' organization pledges support to opposition candidate
Sri Lanka ruling party supporters attack UNP rally in Haputale
Landslide warning issued for 4 districts in Sri Lanka
Sri Lankan President says common opposition candidate copied his budget proposals
Two Russian naval ships arrive at Sri Lanka port
Heavy rains in Sri Lanka cause havoc with floods
India to export two warships to Sri Lanka
Sri Lanka Election Commissioner asks employers to grant leave for workers to vote
International Gem, Mineral & Jewellery trade show opens in Sri Lanka
Sri Lanka Police to investigate ruling party minister taking suspects of arson attack away from police custody

Copyright © 2000, 2014 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.