Project ID: 150

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

Commitment amount

$ 142838095.3

Constant 2017 USD

Summary

Funding agency [Type]

Export-Import Bank of China [State-owned Policy Bank]

Recipient

Sudan

Sector

Energy (Code: 230)

Flow type

Supplier's Credit/Export Seller's Credit

Concessional

Vague

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

Estimated.

2006

Completion

2009

2009-12-31

Actual

Description

In 2006, China Eximbank agreed to provide $81 million USD export seller's credit to China Machinery Engineering Corporation (CMEC) for the 340 km Rabak-El-Obeid Transmission Line Construction Project (see: World Bank report, p. 92). The purpose of this loan was to cover 100% of the commercial contract signed on 11 May 2006 between China Machinery Engineering Corporation (CMEC) and the Sudan National Electricity Corporation (NEC) (see MOFCOM article). The loan terms are unknown. This 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.' This project is part of a larger initiative called the White Nile Grid Project (captured in Umbrella Project #67168).

Additional details

This project is also called the Rabak-Obeid Third Circuit Elroseires-Khartoum Electricity Project or National Electricity Corporation transition line or 苏丹拉巴克至奥拜易德输变电线路项目

Number of official sources

6

Number of unofficial sources

1

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Details

Cofinanced

No

Receiving agencies [Type]

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

Implementing agencies [Type]

China National Machinery and Equipment Import & Export Corporation [State-owned Company]; Sudan National Electricity Corporation (NEC Sudan) [State-owned Company]

Loan type

No Information

Gurarantee provided

No

Insurance provided

No