Project ID: 15060

Chinese Government provides $4 million loan for 3.4MW Kinkon Hydropower Plant Rehabilitation Project

Commitment amount

$ 8127796.341026815

Adjusted commitment amount

$ 8127796.34

Constant 2021 USD

Summary

Funding agency [Type]

Unspecified Chinese Government Institution [Government Agency]

Recipient

Guinea

Sector

Energy (Code: 230)

Flow type

Loan

Level of public liability

Central government debt

Infrastructure

Yes

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

Vague (Official Finance) (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

2006-01-01

Actual complete

2006-07-19

Geography

Description

In 2006, the Chinese Government provided a $4 million loan to the Government of Guinea for the 3.4MW Kinkon Hydropower Plant Rehabilitation Project. The terms of this loan are unknown. This project sought to expand the capacity of the Kinkon hydropower dam from 3.0 mW to 3.4 mW. Hunan Constructing Engineering Group was the contractor responsible for implementation and the project was completed on July 19, 2006. The Kinkon hydropower dam is a seasonally regulated reservoir diversion power project located in Pita District, upstream of Kinkon Falls on the Kokoulo River. It serves 6 towns: Pita, Labe, Dalaba, Timbi-Matina, Mamou, and Boulizel. It was built with funding from the Chinese Government, with construction beginning in 1963 and ended in 1966. It was commissioned on October 26, 1966. Then, it was rehabilitated in 1988 (again with financial support from the Chinese Government). In 1992, the Kinkon hydroelectric power station experienced significant flooding. The machine rooms were submerged under 2 meters of water and the Chinese Government dispatched an emergency team to restore the dam to normal operations.

Additional details

1. The Chinese project title is 金康水电站 or 几内亚金康水电站 or 金康和丁基索水电站.

Number of official sources

5

Number of total sources

12

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Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Guinea [Government Agency]

Implementing agencies [Type]

Hunan Constructing Engineering Group Corporation [State-owned Company]

Loan Details

Bilateral loan

Investment project loan