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China Eximbank pledges to lend $60 million for Phase II of Kapichira Hydroelectric Dam Project
| Funder | Export-Import Bank of China (China Eximbank) |
|---|---|
| Recipient Organization | Government of Malawi |
| Country | Malawi |
| Start Date | Jan 01, 2010 |
| End Date | Jul 29, 2031 |
| Duration | 7,879 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 25657 |
Grant Description
China Eximbank pledges to lend $60 million for Phase II of Kapichira Hydroelectric Dam Project On May 31, 2010, the Government of Malawi announced a plan to construct the second phase of the Kapichira II hydroelectric power station on the Shire river.
Phase II was designed add an additional 64 megawatts of generative capacity through two 32,000 kilowatt Francis Type water turbine-generator units and subsidiary mechanical and electrical equipment, as well as the design, procurement, installation, construction, debugging and commissioning of a 20km-long 132kV transmission line.
The total project duration as stipulated in the contract was 36 months.
According to a 2010 MOFCOM article, Malawi's Minister of Finance announced that China Eximbank would provide a $60 million loan for this project.
In the Sinohydro Overseas Projects dataset, the Kapichira II hydroelectric power station is also identified as being funded by China Eximbank.
However, no further mention of China Eximbank occurs in any sources past 2012, so for the time being we code this project as a pledge rather than an official commitment. China Gezhouba was the contractor responsible for project implementation. On January 17, 2014, the power plant was handed over.
Sources & References
- http://mwnation.com/business-news-the-nation/6332-kapichira-ii-ready-august-2013, http://www.engineeringnews.co.za/article/malawi-hydro-2011-02-25, http://www.esi-africa.com/node/15231, http://www.engineeringnews.co.za/article/malawi-power-2010-12-10
- Construction of Kapichira Hydroelectric Dam Phase II Processed Orderly
- Construction of Kapichira Hydroelectric Dam Phase II Expected
- Great walls over African rivers: Chinese engagement in African hydropower projects
- Sinohydro Overseas Dam Projects - Updated 1, 2010/11 BUDGET STATEMENT DELIVERED IN THE NATIONAL ASSEMBLY OF THE REPUBLIC OF MALAWI
- Malawi commissions Kapichira hydropower plant expansion, 2011/12 REVISED BUDGET STATEMENT
- Electric Power Equipment Managment
- 马卡普奇拉水电站2期有望投入建设 Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.
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Government of Malawi
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