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State-owned Policy Bank

Funder	This project is funded through Tranche A of the 2011 $2 billion CDB loan (Project ID#69319). To ensure we are not double-counting Chinese OF, the transaction amount field is left empty. The amount is captured in Project ID#69319.
Recipient Organization	Mixed
Country	Completion
Start Date	Nov 06, 2021
End Date	Jun 24, 2032
Duration	3,883 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`The project is located in the Loja Province. It will have 11 wind turbines at a height of 2`

Grant Description

720m with a total nominal power of 16.5 MW (1.5 MW each). The project will serve to supply 25% of the electricity consumption in the province of Loja.

The electricity will be sold at a price of USD 0.08 per KWh in the first ten years until the investment is amortised." Government of Ecuador 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.

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State-owned Policy Bank

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