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Active Development AidData Chinese Aid

China Eximbank provides RMB 28.5 million government concessional loan for 30MW Wadadli Power Plant Repair Project (Linked to Record ID#54572)

¥28.5M RMB

Funder Export-Import Bank of China (China Eximbank)
Recipient Organization Government of Antigua and Barbuda
Country Antigua and Barbuda
Start Date Sep 08, 2011
End Date Jul 15, 2027
Duration 5,789 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 54574
Grant Description

China Eximbank provides RMB 28.5 million government concessional loan for 30MW Wadadli Power Plant Repair Project On September 8, 2011, China Eximbank and the Government of Antigua and Barbuda signed a preferential loan framework agreement for the 30MW Wadadli Power Plant Repair Project.

China Eximbank and the Government of Antigua and Barbuda subsequently signed an RMB 28.5 million government concessional loan (GCL) agreement for the 30MW Wadadli Power Plant Repair Project. The GCL’s final maturity date is September 2030.

The purpose of the project was to upgrade a substation related to the China Eximbank-financed Wadadli power plant (captured via Record ID#54572). The implementation status of this project is unknown.

📋 Staff Comments
  1. This project is also known as the Substation Upgrade for New 30MW Power Plant Project. The Chinese project title is 电站升级优项目.
  2. The preferential loan framework agreement was signed on the same day (配套变电站升级优惠贷款项目政府间框架协议) as the handover ceremony for the China Eximbank-financed 30MW Wadadli Power Plant Construction Project (captured via Project ID#54572).
📚 Sources & References
  • 2013 Antigua & Barbuda Official Report by IMF
  • Remarks by H.E. Mr. Liu Hanming
  • Ambassador of the People's Republic of China to Antigua and Barbuda, at the Completion and Handing Over Ceremony for the 30 Mega Watt Power Plant Aided by China
  • Antigua and Barbuda: Antigua - Latest Loan Default
  • Chinese embassy in Antigua picketed
  • 我援安巴电厂项目竣工典礼暨变电站升级框架协议签字仪式隆重举行
  • 驻安提瓜和巴布达大使王宪民春节前夕慰问安巴中资企业并进行安全巡视
  • 驻安提瓜和巴布达大使王宪民春节前夕慰问在安巴中资企业
  • 驻安提瓜和巴布达大使任共平春节前夕慰问中资企业员工
  • 驻安提瓜和巴布达大使任共平视察我在安巴合作项目
  • 驻安提瓜和巴布达大使刘汉明看望慰问中资企业员工
  • 驻安提瓜和巴布达大使王宪民对在安巴中资企业进行安全巡视
  • 驻安提瓜和巴布达大使任共平视察我援安巴项目, 2012 Antigua Budget Estimates
  • Antigua and Barbuda Estimates Of Revenue and Expenditure 2012, technical audit 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.
All Grantees

Government of Antigua and Barbuda

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