China Eximbank provides $175 million loan for 200MW North Khartoum Thermal Electricity Station Construction Project

In April 2005, China Eximbank signed a $175 million loan agreement with the Sudan National Electricity Corporation (NEC) for the 200MW North Khartoum Thermal Electricity Station Construction Project. This loan carried the following borrowing terms: a 12-year maturity, a 3-year grace period, and a 3.7% interest rate. The first withdrawal date was September 2005. This project involved a 2 × 100 MW extension to existing power station facilities at the Khartoum North Thermal Electricity Station in North Khartoum, Sudan. China Machinery Engineering Corporation (CMEC) was the contractor responsible for implementation. Mott MacDonald (MML) served as the project consultant. Construction began in 2007. By February 2009, the project had achieved a 70% completion rate. The expanded power plant was completed and put into operation in March 2011.

Additional details

1. This project is also known as the 200MW Khartoum North Thermal Electricity Station Construction Project, the Khartoum North (Al Shaheed) Power Plant Construction Project, Khartoum North Power Plant Extension Project Phase III, the Khartoum North Power Station Expansion Project, and Martyr Dr. Mahmoud Sharif Bbhari Phase III/Unit D Power Plant Expansion Project. The Chinese project title is 苏丹喀北电站项目 or 苏丹喀土穆北电站2×100MW扩建项目安装项目 or 北喀土穆电站扩建项目 (See: 驻苏丹大使李成文视察北喀土穆电站扩建项目并慰问中方员工). 2. The Bank of Sudan 2005 annual report lists 'CAMC Co' in parentheses in the project name, but it is not clear if this means that 'CAMC Co' was the financier, implementing organization, or both. SAIS-CARI claims that CMEC was both (and provided a supplier's credit to finance the project's implementation). This issue warrants further investigation. 3. Khartoum North Power Station has operated since 1985. It was first commissioned and built by companies from the United Kingdom.

Number of official sources

14

Number of total sources

21