logoBC
Yaoundé - 05 October 2022 -
Energy

Cameroon seeks CFA98bln to build an electric line between Nachtigal and Bafoussam

Cameroon seeks CFA98bln to build an electric line between Nachtigal and Bafoussam
  • Comments   -   Wednesday, 06 April 2022 12:49

(Business in Cameroon) - The project to transport electricity from the future Nachtigal hydroelectric power station (420 MW), in the Central region of Cameroon, to the West has just undergone a financial development. Last April 4, President Paul Biya signed a decree authorizing the Minister of Economy to sign a loan agreement worth $164.69 million (about CFA97.8 billion) with the Export-Import Bank of India (Eximbank-India). The money will serve for the construction of a transmission line (400KV) between Nachtigal and Bafoussam, as well as the related works.

In 2020, when the Ministry launched the recruitment of engineering firms and consultants specializing in the monitoring of high-voltage electrical works, it was announced that the commissioning of the 400KV Nachtigal-Bafoussam line “should take place between October 2022 and October 2023 following the commissioning of the first turbine and the full commissioning of the Nachtigal hydroelectric dam.”. This leaves at best 18 months to complete the project on time. However, the construction work, which is to be carried out by the Indian company Kalpataru Power Transmission Ltd, is expected to last between 24 and 27 months. As a reminder, Kalpataru Power Transmission signed in 2020 a memorandum of understanding with the Cameroonian government for the construction studies and the commissioning of all the works in EPC mode (engineering, procurement, and construction).

According to the Ministry of Water and Energy, this project aims to increase access to electric power in many regions, promote electrical interconnection with the Federal Republic of Nigeria, and facilitate the evacuation of energy from various future production sources such as the Nachtigal, Song Dong and Grand Eweng hydroelectric dams.

Sylvain Andzongo

cameroon-exports-improved-by-5-4-yoy-in-q1-2022
The total export volume from Cameroon to the international market grew by 5.4% year-on-year between January and March 2022. The national stats agency...
imported-food-inflation-hovered-around-20-in-yaounde-in-august-2022
Inflation reached 7.4% in Yaoundé, Cameroon’s capital, in August this year, a recent INS report revealed. This rate was driven mainly by imported food...
cameroon-edf-counts-on-the-world-bank-to-finance-the-kikot-dam
Électricité de France (EDF), the company piloting the Kikot dam project on the Sanaga River, is counting on the World Bank to raise the financial...
cameroon-banking-and-communication-activities-supported-service-sector-improvement-in-q1-2022
The service sector in Cameroon performed well during the first three months of 2022, according to the National Institute of Statistics (INS). The...

Mags frontpage


Business in Cameroon n110: April 2022

Covid-19, war in Europe: Some Cameroonian firms will suffer


Albert Zeufack: “Today, the most important market is in Asia”


Investir au Cameroun n120: Avril 2022

Covid-19, guerre en Europe : des entreprises camerounaises vont souffrir


Albert Zeufack: « Le marché le plus important aujourd’hui, c’est l’Asie »