Project ID: 58545

China Eximbank pledges loan for Salkadamna Coal-Fired Power Plant Construction Project (linked to #58539)

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

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

Vague (Official Finance) (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: Pledge (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2016-10-01

Description

In October 2016, China Eximbank agreed in principle to finance the construction of the Salkadamna coal-fired power plant in Niger's Tahoua province. The total cost of the project is estimated at $910 million, but it is unclear how much debt financing China Eximbank will ultimately commit. The project’s profitability was informed by a 2003 resource exploration study conducted by China Geo-Engineering Corporation (see ProjectID#58539). A California firm began implementation of the project, with a groundbreaking ceremony taking place 25 June, 2014; however, it later backed out of the project, which created an opportunity for Chinese involvement. At first, the plant will have a 200 MW capacity (4 steam turbines, 50 MW each), but this will reportedly increase to over 500 MW. The coal produced by the mine will help reduce Niger's consumption of firewood. TBEA Co. appears to be the Chinese contractor that the Government of Niger will soon select to implement this project.

Additional details

- The French project title is le projet de la production du charbon et de l'électricité à partir de la mine de Salkadamna (Région de Tahoua). - The Chinese project title is 尼日尔萨尔卡达姆纳煤电一体化项目 or 萨尔卡达姆纳煤电一体化项目.

Number of official sources

10

Number of total sources

17

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Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Niger [Government Agency]

Implementing agencies [Type]

Government of Niger [Government Agency]

TBEA Co., Ltd. [Private Sector]

Loan Details

Bilateral loan

Investment project loan