Chinese Government pledges loan worth CFA 20 billion for Phase 2 of the N'Djamena 90KV Ring Network Project (Linked to #56337)
Pledged amount
$ 39597208.28895328
Adjusted pledged amount
$ 39597208.28895328
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]
Unspecified Chinese Government Institution [Government Agency]
Recipient
Chad
Sector
Energy (Code: 230)
Flow type
Loan
Level of public liability
Central government debt
Infrastructure
No
Category
Project lifecycle
Description
According to the Government of Chad's 2017 budget report, the Chinese Government agreed to provide a loan worth 20 billion CFA for Phase 2 of the N'Djamena 90KV Ring Network Project. However, it is unclear if a loan agreement was ever finalized. In 2011, China Eximbank and the Government of Chad signed a preferential buyer’s credit (PBC) agreement worth CAF 83,992,912,730 (or approximately $152,548,684) for the N’Djamena-Djermaya 66kV High Voltage Electricity Transmission Line and 90kV N'Djamena Power Transmission Loop and Distribution Network Project (see #56337). This project is also known as Phase 1 of the 90kV N'Djamena Ring Network Project.
Additional details
This project is also known as the Ndjam Phase 2 Loop Project. The French project title is Projet boucle Ndjam Phase 2.
Number of official sources
4
Number of total sources
4
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Chad [Government Agency]