MAINSTREAM HYDRO PROJECT


Overview

  • Reference: P-NG-FAB-001
  • Approval date: 14/12/2016
  • Start date: 14/12/2017
  • Appraisal Date: 13/12/1901
  • Status: ApprovedAPVD
  • Implementing Agency: --
  • Location:

Description

Mainstream Energy Solutions (Mainstream) acquired Kainji Hydro Electric Plc (Kainji Plc) through a competitive bid process during the Nigeria power sector privatization in Feb 2013. Kainji Plc owns Kainji Hydro and Jebba Hydro (conventional dam hydro plants) located in the Kainji and Jebba region of the state of Niger in Nigeria. The purpose of the funding is for Mainstream to recover available capacity from a combined total of 650MW to 1,338MW over a period of five years as per the concession agreement requirements. The scope will involve a mixture of overhaul, refurbishment and repairs to the 13 turbine units of the two plants. The two plants are already connected to the grid.


Key contacts

AMU Orison Mawumenyo - PISD1


Costs

Finance source Amount
ADBUSD 53,834,352
DeltaUSD 80,751,648
TotalUSD 134,586,000