PROJECT

Projects

Summary of Investment Information

Project Number

37808

Company Name

TOBENE POWER SA

Date SPI Disclosed

Feb 16, 2017

Country

Senegal

Region

Africa

Projected Board Date

Mar 30, 2017

Environmental Category

B - Limited

Status

Active

Last Updated Date

Aug 10, 2017

Department

CNGS6 - Gbl Infrastructure & Natural Resources/Infrastructure - CAF

Industry

Infrastructure

Previous Events

Approved : Jul 27, 2017
Signed : May 31, 2017
Invested : Aug 8, 2017

Sector

Heavy Fuel Oil - Thermal Power Generation

Additional Project Attributes

Public-Private Partnerships

Project Description

The Tobene expansion project consists of an increase in the installed capacity of the existing Tobene IPP (an HFO fired power plant convertible to gas operations in Senegal) from 96 MW to 115 MW, such that under its Power Purchase Agreement with Senelec it will provide increased a minimum guaranteed capacity, from 70 MW to 105 MW, including 115 MW for the peak demand during the peak season (i.e June to October). The expansion was awarded to Tobene Power SA on a negotiated basis by the Government of Senegal following the successful completion of the existing Tobene, currently owned and operated by the same company.

Associated Advisory Engagement

None

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation