logoBC
Yaoundé - 08 July 2020 -
Infrastructures

Cameroon to save about CFAF14 bln yearly through the Cameroon-Chad Power Interconnection Project

Cameroon to save about CFAF14 bln yearly through the Cameroon-Chad Power Interconnection Project
  • Comments   -   Monday, 22 June 2020 12:41

(Business in Cameroon) - After the successful mobilization of financing for the implementation of the Cameroon-Chad Power Interconnection Project, Cameroonian authorities recently presented the economic benefits of this infrastructure.  

According to the Ministry of Water and Energy (Minee), Cameroon will finally be able to shut down the thermal power stations of Garoua, Maroua, and Kousseri (in the northern part of the country bordering Chad) once the 1,560 km of the electricity transmission line is deployed between the Nachtigal power station (420 MW) and Ndjamena (Chad). Indeed, the official informs, the diesel supply of these thermal power stations costs about CFAF14 billion per year. This amount will constitute a budget-saving for the state, which is currently paying for these diesel supplies to avoid an increase in the price of electricity.

Also, the Minee indicates, this infrastructure is expected to increase revenues for the State of Cameroon through the export of hydroelectricity to Chad, which uses mostly fossil fuels as a means of generating electricity. Indeed, the project includes the construction of a 225 kV transmission line of 1,024 km length between Ngaoundéré-Garoua-Maroua-Kousseri-Ndjaména-Bongor-Ngelendeng-Yagoua-Maroua, with substations in each of these towns.

Sylvain Andzongo

cameroon-telecom-regulator-art-recorded-about-cfaf56-bln-of-bad-debts-in-2019
The financial statements of Cameroon’s Telecommunications Regulatory Board (ART) reveal a deficit of CFAF 2.2 billion at the end of the financial year...
listed-in-a-fraud-case-in-drc-afriland-group-lodged-a-complaint-against-its-accusers-in-paris
On July 1, 2020, Afriland First Bank Democratic Congo (CD), one of the eleven subsidiaries of the banking group founded by Cameroonian billionaire Paul K....
cameroon-plans-to-create-100-000-jobs-over-5-years-with-the-eii-approaches
To combat unemployment, the Cameroonian government intends to create 100,000 jobs over the 2020-2025 period. To achieve this, the government plans to...
cameroon-reduced-transit-time-from-40-to-5-days-by-digitizing-foreign-trade-procedures
In Cameroon, transit time was reduced from 40 to 5 days by the end of Q1-2020 thanks to digitalization and telecommuting, according to the single window...

Mags frontpage


Business in Cameroon n88: June 2020

Covid 19 Its impacts so far


Emmanuel de Tailly (SABC) : «Preserving jobs at all costs»


Investir au Cameroun n98 Juin 2020

Covid 19 Et maintenant, l’étendue des dégâts


Emmanuel de Tailly (SABC) : «Maintenir l’emploi coûte que coûte »