The RERED Project aims to (i) improve the quality of rural life by utilising off-grid RE technologies to provide electricity to remote communities, and (ii) promote private sector power generation from RE resources for the national grid. The RERED Project is funded by a US$75m IDA (World Bank) credit line and a US$8m GEF grant, and administered by DFCC Bank, Sri Lanka. Loans to investment enterprises are channelled through private participating credit institutions.
