Project ID: 2163

Harbin Electric Company provides $82 million supplier's credit for Phase II of 212MW El-Jaili (Garri/Qarre) Gas Power Plant Construction Project (Linked to Project ID#158, #55858)

Commitment amount

$ 186767473.9947042

Adjusted commitment amount

$ 186767473.99

Constant 2021 USD

Summary

Funding agency [Type]

Harbin Electric Company Limited [State-owned Company]

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

2004-03-01

Actual complete

2009-01-05

Geography

Description

In March 2004, Harbin Electric International Company Limited (HEC; formerly known as Harbin Power Equipment Co. Ltd. or HPEC) signed an $82 million supplier's credit agreement with the Sudan National Electricity Corporation (NEC) for Phase II of the 212MW El-Jaili (Garri/Qarre) Gas Power Plant Construction Project. The borrowing terms of the loan are unknown. However, it is known that the loan was collateralized against oil receipts and China Export & Credit Insurance Corporation (Sinosure) provided credit insurance. This project involved the installation of 4 gas turbines, 4 heat boilers, and 2 steam turbines with a total power generation of 200,000 kilowatts at the El-Jaili (Garri/Qarre) Gas Power Plant located about 80 km north of Khartoum. Harbin Electric Company Limited was the contractor responsible for implementation. The first gas turbine was connected to the national electricity grid on January 29, 2007. Then, on January 5, 2009, Sudan's President Omar Hassan Al Bashir, the Chinese Foreign Minister, and other Sudanese government officials opened the Garri (Qarre) I and II power stations. Together, the power stations added 300 megawatts to the national grid.

Additional details

1. The Chinese project title is 吉利电站二期项目 or 的苏丹吉利联合循环电站二期扩 or 司承建的苏丹吉利联合循环电站二扩. 2. Chinese state-owned entities also financed Phase I (as captured via Project #158) and Phase IV (as captured via Project ID#55858)

Number of official sources

10

Number of total sources

18

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

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

Implementing agencies [Type]

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

Sudan Ministry of Energy and Mineral Resources [Government Agency]

Harbin Electric Company Limited [State-owned Company]

Insurance provider [Type]

China Export & Credit Insurance Corporation (Sinosure) [State-owned Company]

Collateral

Oil

Loan Details

Bilateral loan

Investment project loan

Supplier's credit/Export seller's credit