Completed Development AidData Chinese Aid

CDB provides $340 million loan for 400 KM Laúca-Huambo Power Transmission Line Project

$340M USD

Funder	China Development Bank (CDB)
Recipient Organization	Government of Angola
Country	Angola
Start Date	Jun 14, 2016
End Date	Apr 27, 2029
Duration	4,700 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`73684`

Grant Description

CDB provides $340 million loan for 400 KM Laúca-Huambo Power Transmission Line Project In 2016, China Development Bank and the Government of Angola signed a $340 million loan agreement for the 400 KM Laúca-Huambo Power Transmission Line Project.

The proceeds of this loan were used by the borrower to partially finance a $400,000,000 commercial contract between Angola’s Ministry of Energy and Water and China Machinery Engineering Corporation (CMEC), which was signed on June 14, 2016.

The project involved the extension of 3 electricity substations and the construction of 400 km of 400KV of power transmission lines between Laúca, Wako Kungo, Huambo and Kuito. Its purpose was to evacuate power from the Laúca Hydroelectric Dam and Power Station.

Construction began on May 9, 2017, and a major milestone was achieved on March 7, 2019 when the electricity transmission line successfully delivered electricity from the Lauca Hydropower Station nearly 200 kilometers away to Waco Kungo. On April 3, 2019, the project was officially completed.

📋 Staff Comments

The Chinese project title is 安哥拉Lauca连接线项目. The Portuguese project title is Projecto de Sistema de Transportes associados à Lauca.
This project may be funded by one of 2 CDB MLFAs captured by AidData: the 2014 CDB MLFA (captured via Project ID#66806) or the 2015 CDB MLFA (captured via Project ID#66847).

📚 Sources & References

CMEC 2019 Social Responsibility Report
CMEC Starts Construction of 400-kV Substation under Angola’s Lauca Project
China's Exported MCSR Went Live in Angolan Lauca Connection Line Project
LAÚCA-HUAMBO INTERCONNECTION CUTS ELECTRICITY PRODUCTION COSTS
安哥拉Lauca连接线项目中国首次出口海外的磁控式电抗器（MCSR）带电成功
BUSINESSPEOPLE EXPECT LAUCA ENERGY TO COMPETE FOR LOCAL PRODUCTION
SIGNING OF A CONTRACT IN RESPECT OF ANGOLA LAUCA TRANSPORT SYSTEM PROJECT IN ANGOLA
Chinese Loans to Africa Database
安哥拉Lauca连接线项目全线贯通
中国机械工业集团有限公司审计报告大华审字[2018]006082 号 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 Angola

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