TBEA and China Eximbank pledge $146 million loan for construction of oil-fired power plant in Chad
Pledged amount
$ 168241370.92506218
Adjusted pledged amount
$ 168241370.92506218
Constant 2021 USD
Not recommended for aggregates
This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.
Summary
Funding agency [Type]
Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]
Recipient
Chad
Sector
Energy (Code: 230)
Flow type
Vague TBD
Infrastructure
Yes
Category
Project lifecycle
Description
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.
Number of official sources
1
Number of total sources
1
Details
Cofinanced
Yes
Cofinancing agencies [Type]
TBEA Co., Ltd. [Private Sector]
Direct receiving agencies [Type]
Government of Chad [Government Agency]