Project ID: 58130

China Eximbank provides RMB 462 million government concessional loan for 132kV SORAZ-Zinder and Maradi-Malbaza Transmission Line Project

Commitment amount

$ 84852927.58468476

Adjusted commitment amount

$ 84852927.58

Constant 2021 USD

Summary

Funding agency [Type]

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

Recipient

Niger

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

Completion (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2013-11-13

Actual start

2015-07-04

Planned complete

2018-12-31

Description

On November 13, 2013, China Eximbank and the Government of Niger signed an RMB 462,515,209 government concessional loan (GCL) agreement for the 132kV SORAZ-Zinder and Maradi-Malbaza Transmission Line Project. The loan carries the following borrowing terms: a 20 year maturity, a 5 year grace period, and a 1% interest rate. The Government of Niger was expected to use the revenues that it generated from selling electricity to Nouvelle Cimenterie du Niger to repay the loan. The proceeds of the loan were to be used by the borrower to finance a commercial contract between Société Nigérienne d’Electricité (NIGELEC) — a state-owned power utility in Niger — and China Railway International. The purpose of the project was to construct two 132kV power transmission lines: a 57 km line from the SORAZ Zinder oil refinery to Zinder City, and a 202 km from Maradi to Malbaza. These two power transmission lines were meant to connect to NIGELEC's network, provide electricity to the cities of Zinder, Maradi and Tahoua, and transfer surplus power from the SORAZ refinery to Nouvelle Cimenterie du Niger (a company that operates a cement plant in Malbaza). The project supported the construction of four electricity substations (two in Malbaza, one in Zinder City, and one at the SORAZ Zinder oil refinery). A groundbreaking ceremony was held on July 4, 2015. Construction was originally expected to reach completion in 2017. The project ultimately reached completion. However its precise completion date is unknown.

Additional details

1. The Chinese project title is 尼日尔132KV输变电项目 or 尼日尔马拉迪-马尔巴萨/津德尔-索拉兹132kV输变电项目 or 尼日尔输变电项目. 2. The French project title is Projet de construction de la ligne électrique 132 kV Maradi-Malbaza & Zinder- SORAZ. 3. In the database of Chinese loan commitments that SAIS-CARI released in July 2020, it does not identify the borrowing terms of this loan. AidData relies on the borrowing terms (20 year maturity, 5 year grace period, and 1% interest rate) that are reported by the Government of Niger (see https://tresor.ne/wp-content/uploads/2022/08/RAPPORT-ANNUEL-2021_VF-1.pdf).

Number of official sources

14

Number of total sources

20

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Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Niger [Government Agency]

Implementing agencies [Type]

China Railway International Group Co., Ltd. (CRIG) [State-owned Company]

Nigerian Electricity Company (NIGELEC, Société Nigérienne d'Electricité) [State-owned Company]

Government of Niger [Government Agency]

Loan Details

Maturity

20 years

Interest rate

1.0%

Grace period

5 years

Grant element (OECD Grant-Equiv)

56.165%

Bilateral loan

Government Concessional Loan

Investment project loan