DFCC Consulting study-tour on Renewable Energy Technology and Financing

DFCC Consulting, a fully owned subsidiary of DFCC Bank provides specialised consulting expertise in a variety of fields including renewable energy. The company recently conducted a five-day study-tour on Renewable Energy Technology and Financing in Sri Lanka, with a focus on hydro projects.

The program was targeted at a delegation from Nepal, consisting of representatives of banks, ministries and government organisations that deal with power.

Facilitated by the Alternative Energy Promotion Centre (AEPC) of Nepal and funded by the UNDP, the program was aimed at providing an indepth understanding on financing clean and renewable energy projects in Sri Lanka and aiding the participants in preparing detailed and competitive proposals.

It consisted of excursions to a wind project and mini-hydro project sites and classroom sessions giving insight into how to appraise hydro-projects.

The delegates also learned the functions of the former Administrative Unit which was housed at DFCC to administer Energy Services Delivery Project (ESD) and Renewable Energy for Rural Economic Development (RERED) World Bank projects.

Chief Executive Officer of DFCC Consulting, Prasanna Premarathne said, "The role of renewable energy in achieving energy transformation, improving the environment and supporting rural economies has become a topic of great importance across the world.