Project ID: 150

China Eximbank provides $81 million seller's credit to CMEC for 340 km Rabak-El-Obeid Transmission Line Construction Project (Linked to Project ID#67168)

Commitment amount

$ 164587875.905793

Adjusted commitment amount

$ 164587875.91

Constant 2021 USD

Summary

Funding agency [Type]

Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]

Recipient

Sudan

Sector

Energy (Code: 230)

Flow type

Loan

Level of public liability

Other public sector debt

Infrastructure

Yes

Category

Intent

Mixed (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

OOF-like (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Completion (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2006-05-11

Actual start

2006-06-01

Actual complete

2009-12-31

Geography

Description

In 2006, China Eximbank agreed to provide $81 million export seller's credit to China Machinery Engineering Corporation (CMEC) for the 340 km Rabak-El-Obeid Transmission Line Construction Project. The proceeds of the loan of the loan were to be use to cover 100% of the cost of a commercial contract signed on May 11, 2006 by China Machinery Engineering Corporation (CMEC) and the Sudan National Electricity Corporation (NEC). The borrowing terms of the loan are unknown. The project involved the construction of a 340km, 220kV electricity transmission line from Rabak (ربك), a city in southeastern Sudan, to the city of El-Obeid in central Sudan within North Kordofan State. It also involved the installation of a 220/33/11kv transformer station in El-Obeid. Construction began in 2006 and ended in 2009; however, a 2011 publication by Dr. Samai Satti Osman Mohamed Nour describes the project as '95% complete.'

Additional details

1. This project is also called the Rabak-Obeid Third Circuit Elroseires-Khartoum Electricity Project or National Electricity Corporation Transition Line Project. The Chinese project title is 苏丹拉巴克至奥拜易德输变电线路项目. 2. This project is part of a larger initiative called the White Nile Grid Project (captured via Project ID#67168).

Number of official sources

6

Number of total sources

7

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Details

Cofinanced

No

Direct receiving agencies [Type]

China National Machinery and Equipment Import & Export Corporation [State-owned Company]

Sudan National Electricity Corporation (NEC Sudan) [State-owned Company]

Implementing agencies [Type]

Sudan National Electricity Corporation (NEC Sudan) [State-owned Company]

China National Machinery and Equipment Import & Export Corporation [State-owned Company]

Loan Details

Bilateral loan

Investment project loan

Supplier's credit/Export seller's credit