China Eximbank pledges loan for Salkadamna Coal-Fired Power Plant Construction Project (Linked to Record ID#58539)

Funder	China (People's Republic of)
Recipient Organization	Niger
Country	Niger
Start Date	Apr 03, 2016
End Date	Jan 07, 2030
Duration	5,027 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`58545`

Grant Description

China Eximbank pledges loan for Salkadamna Coal-Fired Power Plant Construction Project In October 2016, China Eximbank agreed in principle to finance the construction of the Salkadamna coal-fired power plant in Niger's Tahoua province.

The total cost of the project is estimated at $910 million, but it is unclear how much debt financing China Eximbank will ultimately commit.

The project’s profitability was informed by a 2003 resource exploration study conducted by China Geo-Engineering Corporation (see Record ID#58539). 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.