CNEEC provides $3 million supplier credit for Goma Hydroelectric Power Plant Upgrading Project (Linked to Project ID#2249)
Commitment amount
$ 5930882.562000001
Constant 2017 USD
Summary
Funding agency [Type]
China National Electric Engineering Co., Ltd. (CNEEC) [State-owned Company]
Recipient
Sierra Leone
Sector
Energy (Code: 230)
Flow type
Supplier's Credit/Export Seller's Credit
Concessional
Vague
Category
Project lifecycle
Description
In 2004, China National Electric Engineering Co. Ltd (CNEEC) provided a $3 million supplier credit to the Government of Sierra Leone for the Goma Hydroelectric Power Plant Upgrading Project. The borrowing terms of this loan are unknown. The purpose of the project was to increase the installed power generation capacity of the Goma Hydroelectric Power Plant from 4x1MW to 4x1.5MW by upgrading the existing turbines. The Goma (or Dodo) hydroelectric power plant is located in Guala village, Dodo chiefdom, and Kenema District. It delivers electricity to the cities of Kenema and Bo through a 33kV transmission line. Bo-Kenema Power Services (BKPS) — an autonomous subsidiary of the country’s National Power Authority (NPA) — is entrusted with the zonal responsibility for the generation, transmission, distribution and sale of electricity to the cities of Bo and Kenema and the environs. This project was completed and handed over to the local authorities on July 21, 2007. The construction of the Goma (or Dodo) hydroelectric power plant was originally funded by the Chinese Government during the 1980s (see Project ID#2249).
Additional details
This project is also known as the Dodo Hydroelectric Dam Project and the Bo-Kenema Power Station (BKPS) Upgrading Project. The Chinese project title is 塞拉利昂GOMA水电站升级改造项目. On January 26, 2007, the Chief Political Officer attached to the Chinese Embassy in Sierra Leone, stated that this project was funded with a grant from the Chinese Government. However, it is unclear if this was an incorrect statement or a reference to a supplementary source of funding.
Number of official sources
7
Number of unofficial sources
4
Details
Cofinanced
No
Receiving agencies [Type]
Government of Sierra Leone [Government Agency]
Implementing agencies [Type]
Bo Kenema Power Station [No Organization Type Specified]; China National Electric Engineering Co., Ltd. (CNEEC) [State-owned Company]; Government of Sierra Leone [Government Agency]; Sierra Leone Ministry of Energy [Government Agency]
Loan type
No Information
Gurarantee provided
No
Insurance provided
No