Active Development AidData Chinese Aid

China Eximbank provides RMB 37.5 million loan to Central Electricity Board (CEB) of Mauritius

¥37.5M RMB

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of Mauritius
Country	Mauritius
Start Date	Jan 01, 2011
End Date	Apr 25, 2028
Duration	6,324 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`56330`

Grant Description

China Eximbank provides RMB 37.5 million loan to Central Electricity Board (CEB) of Mauritius In a 2011 Statement of Contingent Liabilities, the Government of Mauritius identified an RMB 37,500,000 outstanding debt obligation of the Central Electricity Board (CEB) of Mauritius to China Eximbank. The Central Electricity Board (CEB) is a parastatal body that is wholly owned by the Government of Mauritius.

It operates under the aegis of the Ministry of Energy and Public Utilities and its mission is to "prepare and carry out development schemes with the general object of promoting, coordinating and improving the generation, transmission, distribution and sale of electricity" in Mauritius. The exact date on which this loan was contracted is unknown.

It is also unclear how the proceeds of the loan were used by CEB.

📋 Staff Comments

The original face value of the loan may have been larger than RMB 37.5 million, as this value refers to the outstanding balance of the loan as of December 31, 2011. The initial loan amount may have been greater than the listed transaction amount. The listed amount is what was outstanding as of 2011.

📚 Sources & References

Annual Report 2011
Statement of Contingent Liabilities including details of any Loans,…1 December 2011.pdf
Chinas Global Energy Finance 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 Mauritius

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