Energy

Hydro Power Plant

GENDER SENSITIVITY

 

URBAN-RURAL CONNECTIVITY

 

CLIMATE SENSITIVITY

 

PIDA PROGRAMME:
5 - Inga 3 Hydropower

LATEST ACTUAL STAGE:

S3B: Transaction Support & Financial Close (2022)

PROJECT LOCATION

Democratic Republic of Congo

PROJECT INSTITUTION:

DRC - Agence pour le Développement et la Promotion du projet Grand Inga

BENEFICARY COUNTRIES

Angola

Democratic Republic of Congo

South Africa

PROJECT DIMENSIONS:

STARTING_DATE:

COMPLETION_DATE:

PREPARATION COST:

423.00 million USD

CAPEX COST:

18000.00 million USD

PROJECT STAGE:

S3B: Transaction Support & Financial Close

PROJECT FEATURED IN:

Inga 3 Hydropower Plant

The overall objective of the project is to generate 11 050 MW at Inga site by building a hydropower plant with transmissions lines within DRC and across borders. Transmissions lines are designed to connect with South Africa through SAPP power lines. In the western part of DRC, transmission lines could link with Nigeria and Angola. In particular the project will: Contribute to the realization of the NEPAD objectives of increased power interconnections across Africa; Facilitate trade in power between SAPP and DRC; Promote economic development in DRC,SAPP, Central African Power Pool and WAPP; Contribute to job creations in DRC and all power pool countries involved in the project;. Technical Features: Installed capacity: 11 050 MW Number of dams: 2. Transmission lines: Inside DRC 2 000 km long. Outside DRC: 3 000 km long.

DESCRIPTION

This project involves the construction of a 11050 MW Inga 3 hydropower project on the Congo River. The project is seen as the leading clean, affordable and development option to address the challenges of energy access in Africa. It reaches beyond energy access as it would also create local employment and income opportunities and would help stabilise the political conditions in the African countries involved through cross-border cooperation in Africa and beyond.

OBJECTIVES AND RATIONALE

PROJECT RISKS

PROJECT ECONOMICS

  • NET PRESENT VALUE: 0.00
  • COST BENEFIT RATIO: 0.00
  • FINANCIAL INTERNAL RATE OF RETURN (FIRR): 0.00
  • ECONOMIC INTERNAL RATE OF RETURN (EIRR): 0.00
  • COMMENTS ON ECONOMICS:

PROJECT FINANCING

PREPARATION CAPEX
COST: 423.00 18000.00
COST SECURED: 0.00 0.00
FINANCING TYPE:
FINANCIERS:
OPERATION AND MAINTENANCE
OVERALL COST: 0.00
ANNUAL COST: 0.00
COMMENTS ON FINANCE:
Financial Analysis: The financial model assume that generation part will be on PPP on a BOT model with and transmission lines on public funds. The Debt/Equity ratio to be decided between 30/70; 35/65 or 40/60. The price of the kWh designed to be competitive in the subregion. The IRR is acceptable as well as for the project and the private sector.
2018: Financial Analysis: Thefinancial model assume thatgeneration part will be on PPP on aBOT model with and transmission lineson public funds. The Debt/Equityratio to be decided between 30/70;35/65 or 40/60. The price of the kWhdesigned to be competitive in thesubregion. The IRR is acceptable aswell as for the project and theprivate sector.

STUDIES

PROJECT STAKEHOLDERS

Regional Coordinator

Southern African Development Community

Sectoral Organisation

Southern African Power Pool

Lead National Agency

DRC - Agence pour le Développement et la Promotion du projet Grand Inga

National Coordination

DRC - Ministry of Energy and Water Resources

CONTACTS

Infrastructure Expert (NEPAD) Mr. Ahid Maeresera -ahidm@nepad.org

Mr Bob MABIALA-b.mabiala@adpi-rdc.com

CONTRIBUTION TO 2030 AGENDA