Ruzizi III 147MW hydroelectric power plant PPP

Overview:

• Ruzizi III 147MW hydroelectric power plant PPP.
• The project is a run-of-river hydroelectric power plant on the Ruzizi River on the border between DRC and Rwanda and will provide electricity to both countries and Burundi.
• It is being implemented by the Energie des Pays des Grands Lacs (Great Lakes Energy Organization).
• The Sithe Group (owned by Blackstone) and IPS (a division of The Aga Khan Fund for Economic Development) are developing the project.
• It is the first regional power plant in east Africa to be developed using a PPP model.
• The African Development Bank Group (AfDB) is providing $138 million to help finance the project.
• The project is the third plant to be developed on the river following Ruzizi I (29.8MW) and Ruzizi II (43.8MW). It is part of the wider Programme for Infrastructure Development i­­n Africa (PIDA) strategy.

Sam Duke - Editor