Project ID: 54574

China Eximbank provides RMB 28.5 million government concessional loan for 30MW Wadadli Power Plant Repair Project (Linked to Project ID#54572)

Commitment amount

$ 5422115.7656705305

Adjusted commitment amount

$ 5422115.77

Constant 2021 USD

Summary

Funding agency [Type]

Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]

Recipient

Antigua and Barbuda

Sector

Energy (Code: 230)

Flow type

Loan

Level of public liability

Central government debt

Infrastructure

Yes

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

ODA-like (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Pipeline: Commitment (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2011-09-08

Geography

Description

On September 8, 2011, China Eximbank and the Government of Antigua and Barbuda signed a preferential loan framework agreement for the 30MW Wadadli Power Plant Repair Project. China Eximbank and the Government of Antigua and Barbuda subsequently signed an RMB 28.5 million government concessional loan (GCL) agreement for the 30MW Wadadli Power Plant Repair Project. The GCL’s final maturity date is September 2030. The purpose of the project was to upgrade a substation related to the China Eximbank-financed Wadadli power plant (captured via Project ID#54572). The implementation status of this project is unknown.

Additional details

1. This project is also known as the Substation Upgrade for New 30MW Power Plant Project. The Chinese project title is 电站升级优项目. 2. The preferential loan framework agreement was signed on the same day (配套变电站升级优惠贷款项目政府间框架协议) as the handover ceremony for the China Eximbank-financed 30MW Wadadli Power Plant Construction Project (captured via Project ID#54572).

Number of official sources

11

Number of total sources

15

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Antigua and Barbuda [Government Agency]

Implementing agencies [Type]

Beijing Construction Engineering Group Co., Ltd. (BCEG) [State-owned Company]

Loan Details

Maturity

19 years

Bilateral loan

Government Concessional Loan

Investment project loan