Date de publication: 17 février 2006
Promoteur – Intermédiaire Financier
AES Sonel
Avenue de Gaulle
PO Box 4077 Douala
Tel +237 342.5444
Lieu
Description
Following the conclusion of the concession agreements in July 2001 and the subsequent privatisation, AES Sonel undertook immediate measures to expand the generation capacity, with the addition of 128MW in generation capacity.
AES Sonel is now seeking long-term finance for its 5 years capital expenditure programme. Major components of this programme include: (i) rehabilitation of thermal and hydro-generation facilities; (ii) erection and upgrading of transmission lines and HV stations; and (iii) upgrading and extension of distribution facilities.
Objectifs
Cameroon, has a population of approx 16.4m and covers an area of 475,000Km2. AES-Sonel is the national electricity utility and has an installed generation capacity of ~933MW, of which 77% is hydroelectric. Due to underinvestment and lack of maintenance in the system prior to AES SONEL's privatisation the system reliability, safety and access to electricity have all been poor, while demand continues to grow.
The objective of the project is to improve the utility's quality of service, to improve the system reliability, increase the electrification in the country and reduce commercial and technical losses.
The improvement of electricity supply will also help in stimulating economic growth in the country.
Commentaires
Infrastructure
Secteur(s)
Montant BEI envisagé (montant approximatif)
Up to EUR 50 million.
Coût total (montant approximatif)
The cost of the total investment programme is estimated at EUR 380 million.
Aspects environnementaux
The Bank will verify during appraisal that appropriate environmental procedures will be followed and that adequate public consultation and appropriate mitigating measures will be implemented.
Passation des marchés
The components for finance by the Bank to be tendered internationally in line with the Bank’s rules, including publication in the OJEU. This will be verified during appraisal.
Statut
Signé - 8/12/2006
Clause de non-responsabilité
Avant d’être approuvés par le Conseil d’administration et avant la signature des prêts correspondants, les projets font l’objet d’une instruction et de négociations. Par conséquent, les informations et données fournies sur cette page sont indicatives.
Elles sont fournies à des fins de transparence uniquement et ne peuvent être considérées comme représentant la politique officielle de la BEI (voir également les notes explicatives).