Government of Rwanda

Nyabarongo II Hydro Power - Chexim Loan

Borrower (s)
Government of Rwanda
Industry
Power/Large hydro
Area of finance
Project & Infrastructure Finance
Country
Rwanda

Deal Overview

$214 million 20-year loan to the Rwandan government to fund construction of the Nyabarongo II hydro power project in Rwanda.  The project will have three components: a 43.5MW hydro power plant, a substation and a 110KV transmission line covering 19.2km from the power plant to Rulindo...

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$214 million 20-year loan to the Rwandan government to fund construction of the Nyabarongo II hydro power project in Rwanda.  

The project will have three components: a 43.5MW hydro power plant, a substation and a 110KV transmission line covering 19.2km from the power plant to Rulindo sub-station. Construction is expected to take 56 months. 

Once commissioned the project will reduce reliance on non-renewable energy resources for electricity generation and contribute to the stability of the grid. 

Further to that, the project is expected to provide jobs (skilled and unskilled) to Rwandans during and after construction of the power plant. During construction peak period, the project is expected to employ more than 700 Rwandans. The Project will also use domestic construction materials including sand, stones, wood, and cement among others.

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Deal Volume
$ 214m
Financial Close
08 February 2020

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Projects

Nyabarongo II Hydro Power

Greenfield
Large hydro
Rwanda
$ 214m