Completed Development AidData Chinese Aid

China Development Bank provides $11.8 million loan for Grabniki Wind Farm Expansion Project (Linked to Record ID#66641 and ID#66783)

$11.8M USD

Funder	China Development Bank (CDB)
Recipient Organization	JSC JSSB Belarusbank
Country	Belarus
Start Date	Nov 24, 2015
End Date	Dec 06, 2031
Duration	5,856 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`66941`

Grant Description

China Development Bank provides $11.8 million loan for Grabniki Wind Farm Expansion Project On May 10, 2015, China Development Bank opened a $300 million credit line with Belarusbank to finance an unspecified set of infrastructure projects in Belarus (captured in Record ID#66783).

Then, on November 24, 2015, it was announced that China Development Bank had approved a subsidiary loan under this credit line to RUE Grodnoenergo (Гродноэнерго) for the Grabniki Wind Farm Expansion Project.

📋 Loan / Grant Terms

💰 Loan Amountwas $11

📅 Maturity8.5 years

⏳ Grace Period2 years

💹 Interest Rate7%

The purpose of this project was to install 5 wind turbines (each with 1.5 MW of power generation capacity) at an existing wind farm — operated by RUE Grodnoenergo — near the village of Grabniki (Грабники) in Novogrudok (Novogrudok) district and Vitebsk region. Before the expansion, the wind farm produced 1.5 MW of energy.

FUpon completion of the project (which was undertaken as part of the Belenergo investment program), the wind farm was expected to generate was expected to generate 9 MW and approximately 18.4 million kilowatt-hours of energy per year. Belelektromontazhnaladka OJSC was the general contractor responsible for implementation.

It hired China Huayi Electric Co., Ltd as a subcontractor.

China Huayi Electric Co., Ltd. agreed to produce the wind turbines in China, before shipping it to Belarus via Lithuania. The delivery of the turbines to the project site was completed in November 2015. The expanded wind farm was scheduled to be commissioned in May 2016. This project appears to now be complete, but its precise implementation end date is unknown.

The Chinese government also financed the initial creation of the wind farm in 2011 (captured in Record ID#66641).

📋 Staff Comments

The Russian project title is строительство ветропарка «Грабинки» в Гродненской области or ветропарка «Грабинки» or «Строительство ветропарка мощностью около 9,9 МВт в Витебской области, Городокском районе, вблизи д. Загоряне» or ветропарк, построенный в Гродненской области. The CDB loan that support this project is not included in the Overseas Development Finance Dataset published by Boston University’s Global Development Policy Center in December 2020.

📚 Sources & References

Industries to use Chinese loans identified in Belarus
China retains the world leadership in wind energy development
中国与白俄罗斯签订大单：近20项协议价值157亿美元
华仪电气风力发电设备再度出口至白俄罗斯, «У нас с Китаем — общая граница». Как Беларусбанк инвестирует китайские деньги - infobank.by
Chinese company's wind power equipment exported to Belarus again-Zhejiang Dajiang Alloy Steel Co.
Ltd., В «Беларусбанке» состоялся белорусско-китайский семинар (пресс-релиз), С «Беларусбанком» Китай становится ближе, За китайской стеной, Оглавление, НАЦИОНАЛЬНАЯ АКАДЕМИЯ НАУК БЕЛАРУСИ ИНСТИТУТ ЭКОНОМИКИ НАН БЕЛАРУСИ СТРАТЕГИЯ РАЗВИТИЯ ЭКОНОМИКИ БЕЛАРУСИ: ВЫЗОВЫ, ИНСТРУМЕНТЫ РЕАЛИЗАЦИИ И ПЕРСПЕКТИВЫ Материалы Международной научно-практической конференции 20-21 сентября 2018 года, г. Минск В двух томах Том 2, Строительство ВЭС в Гродненской области начнется в декабре. Cleandex, Пять ветрогенераторов мегаваттного класса установят в декабре в Новогрудском районе, Лента новостей, Белорусская АЭС - Атомная энергетика - Новости Беларуси – Технологии - БелТА
陈道荣：让华仪“追风梦”在全球变现实-温州频道
BELARUS: STRENGTHENING PUBLIC INVESTMENT AND PUBLIC PRIVATE PARTNERSHIPS (P160080) ASSESSMENT REPORT September 2018 Governance Global Practice
中国公司风力发电设备再度出口至白俄罗斯
China's Overseas Development Finance, Зачем Лукашенко нужен Китай? & Новости & Forbes.ru 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

JSC JSSB Belarusbank

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