Overview

TBEA and China Eximbank pledge $146 million loan for construction of oil-fired power plant in Chad

Commitments (Constant USD, 2023)$155,362,452

Commitment Year•2017Country of Activity•ChadDirect Recipient Country of Incorporation•ChadSector•EnergyFlow Type•Vague TBD

Status

Project lifecycle

Pipeline: Pledge

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jan 1, 2017

Stakeholders

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

Funding agencies

State-owned Policy Banks

Export-Import Bank of China (China Eximbank)

Cofinancing agencies

Private Sector

TBEA Co., Ltd.

Receiving agencies

Government Agencies

Government of Chad

Loan desecription

TBEA and China Eximbank pledge $146 million loan for construction of oil-fired power plant in Chad

Narrative

Full Description

Project narrative

According to a AFDB report, TBEA and China Eximbank will be providing financing of USD $146 million to Chad for the construction of a crude oil-fired power plant (90 MW) in Chad. As of November 2017, the commercial contract has been signed and the project is undergoing feasibility studies. It is unclear if a formal commitment has been made to the project.