MOU with China National Machinery Engineering Co., Ltd. for technical and financial feasibility studies for the construction of a combined cycle 100 MW power plant in Kogo
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Summary
Funding agency [Type]
China National Machinery Industry Corporation (Sinomach) [State-owned Company]
Recipient
Equatorial Guinea
Sector
Energy (Code: 230)
Flow type
Vague TBD
Infrastructure
Yes
Category
Project lifecycle
Description
During a historic visit to China the Government of Equatorial Guinea, represented by the Ministry of Mines, Industry and Energy, has announced the signing of multiple memoranda of understanding on April 30, 2015 with Chinese companies covering large areas of cooperation in the electricity and industrial sectors. The agreements were made during the Equatorial Guinea-Asia Economic Forum, hosted by the Government of Equatorial Guinea at the Shangri-La Hotel, in Dalian. The economic forum was organized in Dalian to introduce investment opportunities in Equatorial Guinea to Chinese companies. On April 30, 2015, the Government of Equatorial Guinea signed a Memorandum of Understanding (MOU) agreement with China National Machinery Engineering Co., Ltd. to carry out technical and financial feasibility studies for the construction of a combined cycle 100 MW power plant in Kogo. Other memoranda of understanding signed on April 30, 2015 include: #52983- MOU for planning and development of the Petroleum Industrial City of Luba with China State Construction Engineering Corporation #52984- MOU with SinoHydro for feasibility study on the construction of a hydroelectric power plant on the Wele River #52985- MOU with China National Machinery Engineering Co., Ltd. for technical studies for the construction of an interconnected grid in CEMAC region #52982- MOU with China Dalian International Cooperation Group for feasibility study of Mbini Industrial Zone #52987- MOU with China National Machinery Engineering Co., Ltd. for feasibility studies for construction of street lamps in Mbini Industrial City
Additional details
Number of official sources
3
Number of total sources
6
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Equatorial Guinea [Government Agency]
Implementing agencies [Type]
China National Machinery Industry Corporation (Sinomach) [State-owned Company]