Partnership with Ngali Energy

Project Description

PROJECT DESCRIPTION:

Development of three hydropower plants in Rwanda. All concessions are owned by Ngali Energy

PROJECT LOCATION:

Kigali, Rwanda

LEAD AGENCY/ PROJECT PROMOTER:

Rwanda Development Board (RDB)

CURRENT STATUS/ STAGE OF PROJECT:

Call for Expression of Interest

ACTIONS REQUIRED/ IMPLEMENTATION ARRANGEMENTS/ CONTRACT TYPE:

Investment model to be confirmed during negotiations

INVESTMENT REQUIRED

USD 48.87 million

PROJECT FINANCIAL POSITION:

Revenues – USD 7 million (year 1)
Total capacity – 8.2 MW
KPI –NPV is USD 34.5 million and project IRR is 21%

PERIOD OF IMPLEMENTATION:

25 years PPA

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Country

Rwanda

Location (s)

Kigali

Sector

Infrastructure: Transport, Energy, ICT, Mining and Water

Sub Sector

Energy

Investment Value Range

25-50 million USD

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