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Completed Mixed AidData Chinese Aid

China Eximbank provides $14.4 million seller's credit for 60MW al-Hiswa Power Station Expansion Project (Linked to Record ID#64650)

$14.4M USD

Funder Export-Import Bank of China (China Eximbank)
Recipient Organization Yemen Ministry of Planning and International Cooperation
Country Yemen
Start Date Apr 16, 2003
End Date Mar 24, 2026
Duration 8,378 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 64621
Grant Description

China Eximbank provides $14.4 million seller's credit for 60MW al-Hiswa Power Station Expansion Project On April 16, 2003, China Machinery Engineering Corporation (CMEC) and the Government of Yemen’s Ministry of Planning and International Cooperation signed a $14.4 million supplier credit (vendor financing) agreement for the 60MW al-Hiswa Power Station Expansion Project.

📋 Loan / Grant Terms
💰 Loan Amountfrom China Eximbank

The borrower was to use the proceeds from the supplier credit to finance approximately 80% of the $18 million cost of an EPC contract with CMEC.

The project involved the reconstruction and expansion of the 60MW al-Hiswa Power Station (哈斯瓦电站 or محطة الحسوة الأيام or محطة الحسوة البخارية) near the port city of Aden. The EPC contract, which was signed on signed on April 16, 2003, went into force on October 19, 2003.

The project was originally supposed to reach completion by October 19, 2005. However, the implementation period was extended in November 2005 and given a new end date of March 18, 2006. The expanded power plant was ultimately expected to go into operation in March 2007. The project appears to have reached completion in 2008; however, its precise completion date is unknown.

CMEC also provided a supplier credit for the 132 kV al-Hiswa-Khormakser Transmission and Transformation Project (captured in Record ID#64650).

📋 Staff Comments

1. This project is also known was the 1x60 MW al-Hiswa Power Station Extension Project. The Chinese project title is 哈斯瓦(HISWA)电站一期扩建工. The Arabic project title is توسعة مشروع كهرباء محطة الحسوة بعدن or مشروع توسعة محطة الحسوة الكهروحرارية بقدر 60 ميجاوات: or إعادة تأهيل محطة الحسوة.

📚 Sources & References
  • السعدي والاكوع يبحثان مع السفير الصيني إستكمال تمويل إنشاء محطة توليد الكهرباء بعدن
  • 中设集团中标也门哈斯瓦热电站项目, وزارة الكهرباء: مشروع نقل الطاقة 132kv الحسوة المنصورة خور مكسر سيسهم في معالجة جزء من الاختناقات في الشبكة الوطنية, أشارت إلى الشراكة الاقتصادية بين البلدين .. وسائل الإعلام العربية والدولية تبرز فعاليات زيارة رئيس الجمهورية إلى الصين
  • Yemeni Leaders Meet with Li Zhaoxing, الكهرباء توضح حول إعادة تأهيل محطة الحسوة بعدن, رئيس الوزراء يوجه باستكمال إنجاز مشروع إعادة تأهيل محطة الحسوة, المؤتمر برس, تقييم العام الأول من الخطة الخمسية الثالثة للتنمية والتخفيف من الفقر (2006-2010) قطاع الكهرباء
  • Ahmad Saif Civil Eng. Consultant Yemen Summary Experienced Civil Engineer with a demonstrated history of working in the construction industry. Skilled in AutoCAD
  • Computer-Aided Design (CAD)
  • Project Estimation
  • Microsoft Excel, and Engineering. Strong engineering professional with a Associate's degree focused in ccna from Ciso Network Academy-Yemen.
  • 也门领导人会见李肇星 — 中华人民共和国外交部, الصين ترفع معونتها لليمن إلى ثلاثين مليون يوان صيني - سبأنت - وكالة سبأ
  • THE YEMEN-CHINA ECONOMIC
  • COMMERCIAL
  • AND TECHNICAL RELATIONS DURING ALI ABDULLAH SALEH'S ADMINISTRATION FROM 1990 TO 2012
  • 中设集团中标也门输变电项目 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

Yemen Ministry of Planning and International Cooperation

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