Friday, May 13, 2011

Chinese firm wins bid on Cameroon hydropower project

Chinese firm wins bid on Cameroon hydropower project

13 May 2011

YICHANG, Hubei, May 13 (Xinhua) -- China Three Gorges Corp. (CTGPC) in
central China's Hubei Province announced Friday that one of its
subsidiaries had won a contract to build a hydropower project in Cameroon.

China International Water and Electric Corp. will build the Lom Pangar
Hydropower Project for the central African nation's Electricity
Development Corp., CTGPC said in a statement.

The project includes the construction of a dam across the Sanaga River
and its two side-dams, a 30-megawatt power station and a 90-kilovolt
high-voltage wire, according to the statement.

The contract totals 198 million U.S. dollars, CTGPC said.

The project will be jointly funded by World Bank's International
Development Association (IDA), the French Development Agency (AFD) and
the European Investment Bank (BEI).

CTGPC said the hydropower project will be constructed within a period of
38 months, and the two sides have yet to decide when to start the project.

Upon completion, the dam will harness the flow of the Sanaga River and
form a reservoir of 6 billion cubic meters, according to the statement.

The project will also bring about 1,500 jobs to the central African
country, the statement said.

Cameroon plans to spend 12 billion U.S. dollars to increase the
country's electricity output from 1,000 megawatts to 3,000 megawatts by

Editor: Chen Zhi

This is International Rivers' mailing list on China's global footprint, and particularly Chinese investment in
international dam projects.

You received this message as a subscriber on the list:

To be removed from the list, please visit:

No comments:

Post a Comment