Completed Mixed AidData Chinese Aid

China Eximbank provides $138.3 million preferential buyer’s credit for 140MW Gouina Hydroelectric Power Plant Project (Linked to Record ID#53179, ID#56791)

$170.85M USD

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of Mali
Country	Mali
Start Date	Jan 04, 2013
End Date	Aug 16, 2032
Duration	7,164 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`53100`

Grant Description

China Eximbank provides $138.3 million preferential buyer’s credit for 140MW Gouina Hydroelectric Power Plant Project On January 4, 2013, China Eximbank and the Government of Mali signed a $138,300,000 preferential buyer’s credit (PBC) agreement for the 140MW Gouina Hydroelectric Power Plant Project (captured via Record ID#53100).

📋 Loan / Grant Terms

📅 Maturity20 years

⏳ Grace Period9 years

💹 Interest Rate2%

The purpose of the project was to establish a 140MW hydroelectric power plant in Gouina on the Senegal River.

The project involved the construction of a concrete dam with a threshold spilling over its entire width; the construction of a hydroelectric plant with three power generation units capable of producing 620 GWh per year; the construction of a 287 meter long intake canal and a 423 meter long escape canal; the rehabilitation of the existing track and the bridge at the Cimenterie de Diamou; and the construction of a 225-kilovolt high-voltage line connecting the Gouina station to the Medina station not far from Kayes.

The Government of Senegal, the Government of Mali, and the Government of Mauritania all contributed to the implementation of this project.

The total cost of the project was approximately $437 million and the Government of Senegal, the Government of Mali, and the Government of Mauritania all contracted equally sized loans (approximately $138,300,000) with China Eximbank to facilitate the implementation of the project. The China Eximbank loan (PBC) contracted by the Government of Senegal is captured via Record ID#53179.

The China Eximbank loan (PBC) contracted by the Government of Mauritania is captured via Record ID#56791. These proceeds from these 3 China Eximbank loans covered 95% of the total cost of the project.

The remaining 5% was covered by Organisation pour la mise en valeur du fleuve Sénégal (OMVS), which is also known as the Senegal River Basin Authority. Sinohydro Corporation Engineering Bureau 15 Co, Ltd was the contractor responsible for implementation. A foundation stone laying ceremony took place on December 17, 2013.

However, construction did not begin until October 1, 2016.

The project was originally expected to reach completion by the end of 2018, but it was ultimately completed when all 3 power generation units were connected to the grid on April 3, 2022. An official dam inauguration ceremony took place on December 3, 2022.

📋 Staff Comments

The French project title is Amenagement Hydro Electrique de Gouina or Projet hydroélectrique Gouina dans la zone de l’OMVS 140 MW. The Chinese project title is 马里古伊那水电站工程项目 or 马里古伊那(Gouina)水电站.
In the database of Chinese loan commitments that it released in July 2020, SAIS-CARI records two China Eximbank loans for this project: a $248 million export buyer’s credit contracted by the Government of Mali and $146 million export buyer’s credit contracted by the Government of Senegal. Boston University’s Global Development Policy Center records a single China Eximbank loan for this project: a $415 million loan contracted by the Government of Mali. However, multiple official sources from multiple countries indicate that the Government of Senegal, the Government of Mali and the Government of Mauritania each contracted a $138,300,000 preferential buyer’s credit (PBC) with China Eximbank.

📚 Sources & References

Rapport sur le cadre des ressources externes à moyen-terme (CRMT)
Senegal - OMVS Transmission Expansion Project
West African Countries Cope as New Mali Power Plants Abridge Electricity Challenges
Gouina Hydroelectric Plant
Gouina Hydro Power Project (GHPP)
Great walls over African rivers: Chinese engagement in African hydropower projects
Visit of the OMVS / SOGEM delegation to the People's Republic of China, 140 MW OMVS Gouina Hydropower Project
Programme présidentiel d’accès à l’énergie et à l’eau : 34 villages électrifiés dans la zone du barrage de Manantali
Communiqué of the Council of Ministers of Wednesday
June 12, 2013
Gouina Hydroelectric Plant (140MW)
Rapport sur le cadre des ressources externes à moyen - ter me (CRMT)
L'Assemblée Natio nale adopte un pr o jet de loi r elatif au financement la centrale hydr o-électrique de Gouina au Mali
马里古伊纳水电站举行奠基仪式
L'Assemblée Natio nale adopte un pr o jet de loi r elatif au financement la centrale hydr o-électrique de Gouina au Mali
RAPPORT D’EXECUTION DU FINANCEMENT EXTERIEUR DU BUDGET SPECIAL D’INVESTISSEMENT (BSI) AU 1er SEMESTRE 2015
Gouina Hydroelectric Plant
MALI
GeoHack - Gouina Hydroelectric Plant
APRÈS FÉLOU
LE BARRAGE DE GOUINA OPÉRATIONNEL DANS 4 ANS
ACTES DE LA REPUBLIQUE DU MALI ORDONNANCES-DECRETS-ARRETES
China's Global Energy Finance
Mauritanie/OMVS : approbation du financement de la centrale hydro électrique
OMVS: Sénégal
Mali
Mauritanie
Guinée
马里古伊那水电站项目贝雷桥安装顺利完成
专家评语EXPERT EVALUATION
水电十五局承建马里古伊那水电站项目主体工程开始施工
集团EPC总承包的马里古伊那水电站项目正式开工建设
塞内加尔河流域开发组织高级专员视察马里古伊那项目, 【招标】中国电建马里古伊那水电站工程项目242kV主变压器及其附属设备采购项目招标公告, 【物资类】中国电建水电十六局马里古伊那水电站工程225kV架空线路导线设备采购项目招标公告
Communiqué du conseil des ministres du mercredi 12 juin 2013
ACTES DE LA REPUBLIQUE DU MALI DECRETS-ARRETES-DECISIONS
Assemblée nationale : LA « DER »
AMENAGEMENT HYDRO ELECTRIQUE DE GOUINA
塞内加尔河流域开发组织高级专员视察马里古伊那项目
Mali Development News praises China Hydropower's contribution in Malaysia
Ground-breaking ceremony for the Maliguina Hydropower Station
中国进出口银行对古伊那水电站项目进行贷后检查
Rapport Annuel 2016
MRT/000450 - Centrale Hydro-electrique de Gouina a la Republique du Mali
Mali: inauguration of the Gouina dam, of the OMVS, on the Senegal River
Mali: Gouina hydroelectric dam inaugurated source Afro
Mariguina hydropower station put into operation
四国总理出席中国电建马里古伊那水电站项目竣工发电庆典
驻马里大使陈志宏出席古伊那水电站竣工仪式
一个电站供三国中国电建承建的马里古伊那水电站投产发电
OMVS inaugurates the 140 MW Gouina hydropower project in southern Mali
Power Construction Corporation of China Ltd. - PMs of 4 countries attend completion ceremony of Gouina Hydropower Station
Hydropower station boosts Mali's electricity supply by at least a fifth, https://drive.google.com/file/d/1fPS5TflQzhbMHysO7RNU4_B87iu-5MnU/view?usp=sharing
PowerChina - constructed Gouina hydroelectric plant project in Mali completed 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.