Green Energy project financing:
DFCC Bank at the forefront
DFCC Bank which is in the forefront of developing the green energy
sector in Sri Lanka, recently conducted a capacity building program on
‘Energy Efficiency and Solar Net Metering’ for the corporate sector.
The participants at the capacity building program
The program, which is one of several on the theme ‘Green Energy’,
discussed aspects such as monetary and environmental impact of energy
consumption, energy efficiency applications, innovative concepts to
achieve energy efficiency and financing options for green energy
Mahendra Jayalath and Sadam Ameer, two professionals in the field of
energy auditing, conservation and facilities management in Sri Lanka and
overseas shared their knowledge with over 100 participants.
Adding value to the program, solar net metering system vendors
presented case studies on net metering and other solar based
Head of Corporate Banking, Ms Manohari Gunewardena said, “As a
development bank we are proud to lead developments in Green Energy and
will continue to partner with investors initiating projects in this
The business case for Green Energy is now stronger than ever.
Entrepreneurs are beginning to appreciate the potential and the
financial gains possible in this sector.
DFCC Bank has been promoting the sector from 1996 when they supported
Sri Lanka’s first ever privately owned, grid connected mini-hydro power
plant in Dickoya. Since then DFCC has been the forerunner in leading
financing and developments in this sector.
The ground breaking cash flow based repayment system which was
lobbied by DFCC was a game changer in the way Green Energy projects were
being looked at by investors.