Product Category

Home >> News Center

Two Guinea energy projects receive funding of over $1.3B

2018-4-8

 China’s EximBank has approved $1.3 billion in financing for a new utility-scale hydroelectric plant in Guinea.

The 450 MW plant is expected to produce sufficient capacity to export electricity to the neighbouring countries in West Africa, reports ESI-Africa.

Another 714 km transmission line project running between the cities N'Zérékoré in Guinea and Sanankoroba in Mali, has received financing from the African Development Bank, which will contribute $84 million for the project.

This electricity transmission line will enable 201 villages in Guinea and Mali to be connected to the electricity grid.

Source: ESI-Africa

  • Ukrenergo invites bids for the construction of Akvilon substation[2017-11-14]
  • Siemens Engery to provide 10-year maintenance service to Egyptian petrochemical plant[2020-8-20]
  • Transformer core market to grow at 4.2% CAGR by 2023[2017-11-13]
  • Blagoveshchensk plant power transformers tested[2015-3-3]
  • ABB to propose KPMG as external auditor from 2018[2017-7-12]