China Eximbank provides $381.5 million USD seller's credit for Merowe Hydroelectric Dam Transmission Lines and Substations Project (Linked to #178)
Commitment amount
$ 806590313.6
Constant 2017 USD
Summary
Funding agency [Type]
Export-Import Bank of China [State-owned Policy Bank]
Recipient
Sudan
Sector
Energy (Code: 230)
Flow type
Supplier's Credit/Export Seller's Credit
Concessional
Vague
Category
Project lifecycle
Description
On 23 December 2003, a consortium of Chinese companies signed a $400 million USD commercial contract for the Merowe Hydroelectric Dam Transmission Lines and Substations Project (see MOFCOM source #64543). This contract was financed by a $381,467,000 million USD seller's credit agreement between China Eximbank and Harbin Power Equipment Company (HPEC) (see 'Funding for Merowe Dam' source #111236 and MOFCOM source #67209). The loan terms are unknown. It is unclear when China Eximbank promised this funding to HPEC.The implementing contractors included HPEC, China International Water and Electric Corporation (CWE), China Water Resources and Hydropower Engineering Corporation (CWHEC or Sinohydro), and Jilin Province Power Transmission and Substation Project Company. The purpose of this project was to evacuate power from the Merowe Hydroelectric Dam, which was also financed by a $608 million USD China Eximbank loan (see Project #178). It involved the construction of 1,776 kilometers of transmission lines and seven substations. A formal groundbreaking ceremony took place on 9 April 2005 but the project did not enter the installation phase until 31 January 2006. The largest substation was completed on 13 April 2009.More specifically, this project involved the construction of (1) two 500kv parallel transmission lines from the Merowe Hydroelectric Power Plant to Khartoum, (2) two 500/200kv sub-stations in Omdurman and Khartoum North, (3) a 38 km, 500kv transmission line between the Omdurman and Khartoum North substations, (4) the extension of 240 km, 500kv transmission line to Atbara, (5) a 500/200kv substation in Atbara, (6) a 455 km, 220kv, transmission line from Atbara to Port Sudan, (7) 220/110kv substation in Port Sudan, (8) a 310 km, 220kv transmission line from Merowe Dam to Dongola, and (9) three 220/33kv sub-stations in Merowe, Debba and Dongola.
Additional details
The Chinese project title is 麦罗维输变电项目 or 麦罗维工程输变电项目
Number of official sources
16
Number of unofficial sources
4
Details
Cofinanced
No
Receiving agencies [Type]
Harbin Power Equipment Ltd. [State-owned Company]
Implementing agencies [Type]
China International Water and Electrical Corporation (CWE) [State-owned Company]; Harbin Power Equipment Ltd. [State-owned Company]; Jilin Province Power Transmission and Substation Project Co. [State-owned Company]; SinoHydro [State-owned Company]; Sudan Ministry of Finance and National Economy [Government Agency]; Sudan Ministry of Water Resources, Irrigation and Electricity [Government Agency]; Sudan National Electricity Corporation (NEC Sudan) [State-owned Company]
Loan type
No Information
Gurarantee provided
No
Insurance provided
No