TBEA and China Eximbank pledge $146 million loan for construction of oil-fired power plant in Chad

$146M USD

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of Chad
Country	Chad
Start Date	Jan 01, 2017
End Date	Aug 03, 2031
Duration	5,327 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`56292`

Grant Description

According to a AFDB report, TBEA and China Eximbank will be providing financing of USD $146 million to Chad for the construction of a crude oil-fired power plant (90 MW) in Chad. As of November 2017, the commercial contract has been signed and the project is undergoing feasibility studies. It is unclear if a formal commitment has been made to the project.

📚 Sources & References

CAMEROON AND CHAD POWER INTERCONNECTION PROJECT 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.