Summary of Proposed Investment
Project Number
7821
Company Name
GTI DAKAR
Date SPI Disclosed
May 27, 1997
Country
Senegal
Industry
Infrastructure
Status
Completed
Sector
Heavy Fuel Oil - Thermal Power Generation
Department
Gbl Infrastructure & Natural Resources
Environmental Category
B - Limited
Previous Events
Approved : Jun 30, 1997
Signed : May 15, 1998
Invested : Aug 27, 1998
Project Description
Summary Of Project Information (SPI)
| Project Name | Senegal - Greenwich Turbine (GTi) Dakar Project |
| Region | Sub-Saharan Africa |
| Sector |
Projected Board Date:June 27, 1997
Company Name:GTi Dakar Ltd.
Technical Partner and/or Major Shareholders
Greenwich Turbine, Inc., a wholly-owned subsidiary of Greenwich Air Services, Inc.
Project Cost Including proposed IFC investment
Project Cost: US$52.8 million equivalent
IFC Equity (10% ownership): US$1.2 million equivalent
IFC A Loan: US$11.4 million equivalent
Location of project and Description of site
Cap des Biches, Dakar, Senegal.
Description of Company and Purpose of Project
The Project is to build, own, operate and transfer a combined cycle power generation facility with an installed capacity of approximately 50 MW of electricity. The Project’s capacity and energy will be purchased by Societe Nationale d’Electricite (Senelec), the state-owned electricity utility of Senegal, under a 15-year Power Purchase Agreement (PPA). The Project will operate primarily on condensate liquid fuel which will be supplied under a long-term fuel supply agreement (FSA) with a major fuel supplier.
Environmental Category and Issues
This is a category B project according to IFC''s environmental review procedure. Environmental issues associated with this project include air emissions, liquid effluents, noise, spill control of fuel, fire protection and emergency response, and general workplace safety. The main fuel of the plant will be gas condensate which is low in sulfur (0.046%) and ash content. Because fresh water is a scarce commodity in Senegal and especially in the Dakar area, the project will meet World Bank ambient air quality guidelines without using water injection to reduce NOx emissions. Flue gas is emitted from a 30 m main stack. The sponsor will conduct a thorough ambient air quality monitoring program to confirm compliance. A one-pass sea water cooling system will be used to further reduce fresh water consumption. Neutralization and oil-water separator will be used to treat wastewater. The plant fire protection system will include automatic CO2 fire suppression systems for the combustion turbine generator and the control room and a water spray system for the steam turbine generator skid.
The is available from the Public Information Center.
| Date SPI sent to PIC | May 27, 1997 |
For Additional Information contact: Corporate Relations Unit -
telephone: (202) 473-7711
facsimile: (202) 974-4384
Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).
Sponsor / Cost / Location
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