Active Development AidData Chinese Aid

China Eximbank pledges loan for 36MW Fé 2 Hydroelectric Dam Construction Project in Woleu-Ntem Province

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of Gabon
Country	Gabon
Start Date	Jan 01, 2017
End Date	Sep 06, 2028
Duration	4,266 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`59964`

Grant Description

China Eximbank pledges loan for 36MW Fé 2 Hydroelectric Dam Construction Project in Woleu-Ntem Province In 2017, the Government Gabon announced that China Eximbank would help it finance the construction of the 36MW FE2-Mitzic (or Fé 2) hydroelectric dam at two sequential waterfalls (“Chutes de FE2”) on the Okano river in Woleu-Ntem Province.

This power is to be produced by three vertical axial Francis turbines, each rated at 12 MW. The purpose of this project is to supply power to the Woleu-Ntem province, Ndjolé and the capital city Libreville. It is part of a larger effort to create a Woleu-Ntem interconnected power network in northern Gabon.

In 2010, the Government of Gabon awarded the project contract to the company called CODER and construction started. However, the Government Gabon terminated the contract in 2013 due to delays in implementation. Then, in 2014, the project contract was given to China Gezhouba Group Company (CGGC). It appears that this contract was also cancelled.

In September 2018, Tebian Electric Apparatus Stock Ltd (TBEA) announced that it would “invest” 180 million euros in the project.

📋 Staff Comments

The Chinese project title is FⅡ电站输变电站项目.

📚 Sources & References

Infrastructure Financing Trends in Africa – 2017, 2017 Hydropower Status Report
Hydropower Status Report 2017
Chine-Gabon : 117 milliards de CFA pour la centrale hydroélectrique FE2
口行驻加蓬工作组组长冉隆飞拜访吴景春参赞
Le Gabon obtient 180 millions d’euros de la Chine pour sa centrale hydroélectrique FE2
CGGC bientôt sur les sites de l’Impératrice et de FE2
The FE2 hydroelectric power plant, 'FE2' hydroelectric power plant in Gabon
Projets de chutes de l’Impératrice et de Fer 2 : CGGC attend l’approbation du gouvernement
Démarrages imminents des travaux des barrages FE2 et Impératrice Eugénie. 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.