African power projects get €305m European funding

The European Investment Bank has approved loans worth a total of €305m ($460m) to African power projects.

The largest loan is for €180m and has gone to Morocco for the third phase of an upgrade of the country’s electricity infrastructure, which will include the installation of around 1300 km of overhead power lines.

The bank has also given €50m towards the construction of a hydropower plant in Zambia. The 120 MW project is being developed by Itezhi-Tezhi Power Corp and will be built at the existing Itezhi-Tezhi Dam. The bank’s money will also be used to install a 291km transmission line to Lusaka that will connect the power station to the national grid and the Southern African Power Pool.

Pim van Ballekom, the bank’s vice-president for lending in sub-Saharan Africa, said: “Increased production of green energy will lower the cost of importing electricity to Zambia and reduce reliance on coal-generated power. The European Investment Bank recognises the detrimental economic impact of power shortages in the region and is committed to supporting long-term investment in key energy infrastructure across Africa.”

The bank has green-lighted a further €75m to go towards linking the power systems of countries in West Africa that have been affected by years of civil conflict. A regional power line will connect Ivory Coast, Liberia, Sierra Leone and Guinea.

Van Ballekom said that “ensuring access to electricity is essential for economic activity and growth. The European Investment Bank recognises specific acute challenges in post-conflict West Africa and is confident that this crucial energy infrastructure initiative will transform opportunities in the region.”

The scheme, which will cost a total of €370m, will include a new 1350 km high-voltage transmission link between the four states and connect them to the West African Power Pool.

Once completed, the transmission line will enable power exports from Ivory Coast to the three other countries and the line will later support development of the large hydropower potential in Guinea.

Follow Power Engineering International on Twitter

Related Articles

Abengoa wins $17m network deal in Mexico

Abengoa is to build a new 21.1 km transmission network in Mexico.

Alstom wins substation deals for offshore wind farms

Alstom has won substation automation contracts for three of DONG Energy’s offshore wind farms in the UK.

Latest Articles

Editor's Picks

GE unveils transformational Digital Power Plant

GE yesterday unveiled a digital initiative that it claims will revolutionise the power industry and save plant operators b...
Anne Carpenter of IEA Clean Coal Centre

Report highlights need for enlightened approach to water and power generation

The International Energy Agency’s Clean Coal Centre has produced its latest insights into what is referred to as the ‘wate...

UK gives £2bn backing to Hinkley Point nuclear project

The UK government has reaffirmed its commitment to Hinkley Point C new nuclear power station by unveiling a £2bn ($3.1bn) ...

Policy tinkering sees financial lure of UK renewables sector plummet

The UK’s attractiveness for renewables investment has plummeted in the last few months thanks to “policy-making in a vacuu...

US leapfrogs China to top renewables investment table

The US has leapfrogged China to the top slot in a highly-regarded annual analysis of the best countries in the world for r...

Editorial Guides

Lubrication Challenges for the Biogas Industry in 2015

The biogas industry is growing in importance as the world continues to look for alternative, clean energy sources. However...

Maximising Power Plant Efficiency

The need for power plants to operate at maximum efficiency and flexibility while cutting emissions is greater than ever be...

How to cut your OPEX

How to cut your OPEX In a constantly evolving electricity market, factors such as over capacity and low coal costs can pu...

Buyers Guide Companies

Rolls Royce Energy Systems

We supply gas turbines, compressors and diesel power units to customers ...

Lenox Instrument Co

Lenox Instrument Co is a manufacturer of highly reliable fixed and porta...

ATG Electronics

For more than a decade, ATG Electronics has established itself as a lead...

SWAN Analytical Instruments AG

Is one of the leading manufacturers of online analytical instruments.

Bran & Luebbe, An SPX Brand

Bran & Luebbe, an SPX brand, has been a worldwide leader in metering, an...

Buyers Guide Products


Compact voltage regulator, integrates all ...

Excitation System

Our excitation systems are recognized worl...

DMT340 Series Dewpoint and Temperature Transmitters for Very Dry Conditions

The Vaisala DRYCAP® Dewpoint and Temperatu...

MHT410 Moisture, Hydrogen and Temperature Transmitter

The Vaisala Moisture, Hydrogen and Tempera...

Control Servo Motor SMR

A Voith control servo motor is a linear el...

Power Engineering International


The Effect of Moisture Sensor Location on Reliable Transformer Oil Monitoring

Power transformers are among the most valuable and important assets in electrical power networks and moisture is one of the key factors impacting the operational performance of transformer oil.&nbs...

Engineering & Design for Lean Construction

AVEVA introduces the benefits of Engineering and Design for Lean Construction by challenging the concept of ‘right first time design' and presenting a ‘Lean’ approach. A Lean approach to project ex...

Bridging the Power Gap in Africa: Testing options to manage constrained short to medium term system operations

Around the world, existing power systems face increasingly constrained operations in the short to medium term with available ageing generation capacity.  In this paper, PLEXOS® has been used t...

AVEVA’s Digital Asset Approach - Defining a new era of collaboration in capital projects and asset operations

There is constant, intensive change in the capital projects and asset life cycle management. New challenges and opportunities are continually appearing thanks to dramatic developments in technology...

Latest Digital Edition

Look Inside >
Current Issue

Article Archives for Power Engineering International Magazine