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Overview

CEEC provides $22 million supplier's credit for 9.8MW Mabubas Hydropower Project Expansion Project (Linked to Record ID#34788, #34827)

Commitments (Constant USD, 2023)$23,843,992
Commitment Year•2012Country of Activity•AngolaDirect Recipient Country of Incorporation•AngolaSector•EnergyFlow Type•Loan

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2012
Start (actual)
Jul 1, 2009
End (actual)
May 14, 2012

Geospatial footprint

Map overview

Visualizes the AidData-provided feature geometry for this project.

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The Mabubas hydroelectric dam is located in Bengo Province. More detailed locational information can be found at https://www.openstreetmap.org/way/202489362

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Ultimate beneficial owners

At least 25% host country ownership

Funding agencies

State-owned companies

  • China Energy Engineering Group Co., Ltd. (CEEC)

Receiving agencies

Government Agencies

  • Government of Angola

Implementing agencies

State-owned companies

  • China Energy Engineering Group Co., Ltd. (CEEC)
  • Guangxi Hydroelectric Construction Bureau (GHCB)

Loan desecription

CEEC provides $22 million supplier's credit for 9.8MW Mabubas Hydropower Project Expansion Project

Interest type•Unknown

Narrative

Full Description

Project narrative

In 2012, China Energy Engineering Corporation (CEEC) — a Chinese state-owned enterprise — provided a $22 million supplier's credit to the Government of Angola for the 10MW Mabubas Hydropower Project Expansion Project. The borrowing terms of this loan are unknown. The project involved an expansion in the capacity of the Mabubas hydroelectric dam in Bengo Province from 17MW to 26.8MW. CEEC and Guangxi Hydroelectric Construction Bureau (GHCB) were the contractors responsible for implementation. Construction began in July 2009; and the the dam was reopened on 14 May, 2012. In 2005, China Eximbank provided a $13.13 million buyer’s credit loan (BCL) for the 60kv Quifangondo-Mabubas Transmission Line and Substation Reconstruction Project (see Record ID#34788) as well as a $20.613 million BCL from 2007 for the Caxito Electricity Network (MT, BT, and IP) Rehabilitation and Expansion and 60Kv Quifangondo-Cazenga Transmission Line Rehabilitation Project (see Record ID#34827).