PROJECT

Projects

Summary of Investment Information

Project Number

33841

Company Name

TOBENE POWER SA

Date SPI Disclosed

Jun 11, 2013

Country

Senegal

Region

Africa

Projected Board Date

Oct 17, 2013

Environmental Category

A - Significant

Status

Active

Last Updated Date

Nov 30, 2016

Department

Gbl Infrastructure & Natural Resources

Industry

Infrastructure

Previous Events

Approved : Dec 19, 2013
Signed : Aug 6, 2014
Invested : Sep 3, 2015

Sector

Thermal and Steam Generation

Additional Project Attributes

Public-Private Partnerships

Project Description

The Tobene project consists in the development, construction, operation and maintenance of a diesel HFO fired power plant convertible to gas operation, in Senegal. It is a greenfield plant with an installed capacity of 87.5 MW and a guaranteed capacity of 70 MW. It will be developed as an Independent Power Producer (IPP) incorporated under Tobene Power SA, selling power under a 20-year Power Purchase Agreement (PPA) to Senelec (sole offtaker for the Project).

The project was awarded to Melec PowerGen on a negotiated basis by the GoS, following initial International competitive bidding in 2008.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation