Printer Friendly

SL: Western Area Power Generation Project.

Region: Africa

Commitment Amount: US$ 40.00 million

Total Project Cost: US$ 40.00 million

Borrower: GOVERNMENT OF SIERRA LEONE

Sectors:

Thermal Power Generation: 100%

Objectives : The Project Development Objective is to increase the power generated by independent power producers (IPPs) and mobilize private capital.

Description The Project comprises the development, financing, construction and operation by the Copperbelt Energy Corporation Africa Sierra Leone Generation Limited (CECA SL) of a green - field thermal power plant running on Heavy Fuel Oil (HFO) on a build - own - operate - transfer basis. CECA SL is the Project Company established in Sierra Leone by private sponsors comprising CEC Africa Investments Ltd (50.1 percent equity) and Tempus Constant Qualitas Power Ltd (TCQ) (49.9 percent equity). The Project Company is re sponsible for the implementation and operations of the Project under a 20 - year Power Purchase Agreement (PPA) with the GoSL and the Electricity Distribution and Supply Authority (EDSA) . EDSA will be the off - taker for all electricity sales from the Project. While the PPA provides provisions for the possibility of expanding the capacity of the Project up to 128 MW at a later stage, the proposed WBG support is limited to the initial phase of 57 MW. The power plant will be located at the Kissy Industrial site to the east of Freetown and serve consumers in the Freetown Capital Western Area. The land at the Kissy Industrial site, which is owned by the GoSL, is leased to the Project Company under a plant site lease agreement signed in March 2015 with a tenor of 26 years. The Project comprises:

(a) The installation of six reciprocating Wrstil engines (type Wrstil W20V32) using HFO, each rated at 9.5 MW nominal output; (b) HFO storage tanks and water treatment facilities at the Kissy site;

(c) A new 33 kV indoor substat ion at the Kissy site;

(d) A 8 km reinforcement of the 33 kV transmission from Blackhall road to the Wellington substation to enhance evacuation capacity from the generation facility;

(e) Installation of additional 33/11kV transformers at the Blackhall road, Rop otee, and Wellington substations; and

(f) Construction of an approximately 1.3 km fuel pipeline from a new jetty for the landing of the HFO to the Kissy site. The jetty is operated as a joint venture between GoSL and Addax.

Project completion date : 2019-12-31 12:00:00

Major organization : CEC AFRICA INVESTMENTS LIMITED

Address : Nigeria

Country :Nigeria

Email : k.nasser@tcqpower.com,conrad.marais@cecafricazm.com

Financier : WORLD BANK (WB),

Financier address : World Bank (WB)

1818 H Street, NW

Washington, DC 20433

USA.

Phone: (202) 473-1000

Fax: (202) 477-6391

http://www.worldbank.org/

Contact:Carol Litwin

Title:Senior Energy Specialist

Tel:+1202458 4075

Email:clitwin@worldbank.org

Contact:Katharine Baragona

Title:Senior Infrastructure Finance Specialist

Tel:+1 202 473 4911

Email:kbaragona@worldbank.org

[c] 2016 Al Bawaba (Albawaba.com) Provided by SyndiGate Media Inc. ( Syndigate.info ).

COPYRIGHT 2016 SyndiGate Media Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2016 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Mena Report
Date:Jun 8, 2016
Words:485
Previous Article:SLU Disaster Vulnerability Reduction Project (Additional Finance).
Next Article:Citizens Participation in Monitoring of LGU Performance and Development Planning for Poverty Reduction.
Topics:

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters