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Overview

China Eximbank provides $112 million loan for 12.45MW Chiumbe-Dala Hydroelectric Power Plant and 110kV Luena Transmission Lines and Substations Project

Commitments (Constant USD, 2023)$114,861,956
Commitment Year•2014Country of Activity•AngolaDirect Recipient Country of Incorporation•AngolaSector•EnergyFlow Type•Loan

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
May 9, 2014
Start (actual)
Jan 1, 2014
End (actual)
May 20, 2018

Geospatial footprint

Map overview

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The purpose of the project was to construct a 12.42MW Chiumbe-Dala Hydroelectric Power Plant on the Chiumbe River in the municipality of Dala within Lunda Sul province and construct 99.6 km of 110kV electricity transmission lines that evacuate power from the Chiumbe-Dala Hydroelectric Power Plant to Luena city in the province of Moxico and also Dala municipality. More detailed locational information can be found at https://www.openstreetmap.org/way/664776471 and https://www.openstreetmap.org/way/1080570464#map=18/-11.02395/20.20609.

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 Policy Banks

  • Export-Import Bank of China (China Eximbank)

Receiving agencies

Government Agencies

  • Government of Angola

Implementing agencies

Government Agencies

  • Government of Angola

State-owned companies

  • Sinohydro Corporation Limited

Loan desecription

China Eximbank provides $112 million loan for 12.45MW Chiumbe-Dala Hydroelectric Power Plant and 110kV Luena Transmission Lines and Substations Project

Interest type•Unknown

Narrative

Full Description

Project narrative

On May 9, 2014, China Eximbank signed a $112 million loan agreement with the Government of Angola for the 12.45MW Chiumbe-Dala Hydroelectric Power Plant and 110kV Luena Transmission Lines and Substations Project. The borrowing terms of the loan are unknown. The purpose of the project was to construct a 12.42MW Chiumbe-Dala Hydroelectric Power Plant on the Chiumbe River in the municipality of Dala within Lunda Sul province and construct 99.6 km of 110kV electricity transmission lines that evacuate power from the Chiumbe-Dala Hydroelectric Power Plant to Luena city in the province of Moxico and also Dala municipality. Sinohydro was the contractor responsible for implementation and it hired 299 Angolan and foreign workers. Construction of the hydroelectric power plant began in 2014 and ended on April 7, 2017. The 110kV Luena Transmission Lines and Substations project component was completed on May 20, 2018.

Staff comments

1. The Chinese project title is 安哥拉琼贝-达拉水电站修复项目 or 局承担施工的安哥拉琼贝达拉水电站项目. 2. The Portuguese project title is Hidroeléctrico de Chiumbe-Dala linha de transporte 110KV Dala-Luena e Subestação do Luena 110/15 2x10 MVA.