PROJECT

Projects

Summary of Investment Information

Project Number

31833

Company Name

COMPAGNIE IVOIRIENNE DE PRODUCTION D'ELECTRICITE

Date SPI Disclosed

Jun 24, 2013

Country

Cote D'Ivoire

Region

Africa

Projected Board Date

Aug 1, 2013

Environmental Category

B - Limited

Status

Active

Last Updated Date

May 5, 2024

Department

Gbl Infrastructure & Natural Resources

Industry

Infrastructure

Previous Events

Approved : Aug 1, 2013
Signed : Aug 14, 2013
Invested : Aug 6, 2014

Sector

Gas - Thermal Power Generation

Additional Project Attributes

Public-Private Partnerships

Project Description

The project consists in: (i) the expansion of the existing CIPREL natural gas-fired power plant in Côte d’Ivoire by adding 111MW steam cycle capacity to 2 x 111MW open cycle gas turbines, converting them into a combined cycle operation, and (ii) the retrofitting of two gas turbines to Dry Low NOx technology for NOx emissions reduction (together the “Project”). The Project, expected to enhance the efficiency of the power plant by generating 25.5% more power without the use of any additional gas, will be developed, designed, constructed and operated under a 24-year Build-Own-Operate-Transfer (“BOOT”) arrangement. The Project will sell its power to the Government of Côte d’Ivoire (GoCI) through Compagnie Ivoirienne d’Electricité (“CIE”), the private transmission and distribution company.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation