Invested capital of $100 million has added 30% to Rwanda’s current installed generation capacity. With construction 100% complete and successful dry and wet runs, the project was commissioned on 31 October 2014.
Since the start of construction in 2009, the Nyabarongo River hydropower dam, reservoir, surge shaft, tunnel and power house have been built using the most modern technology to add an additional 30% to Rwanda’s installed generation capacity. The project is part of the government’s seven-year electrification plan that aims to increase electricity access to 70% by 2017.
Developers, financial support and partners invested $ 100 million
The Government of Rwanda awarded the project tender to a consortium of Angelique International Limited and Bharat Heavy Electricals (BHEL) supervised by RSWI, a Canadian engineering consulting firm, to undertake the 28MW hydropower project with the required capital investment of $97.7 million. The project was funded by a soft loan of $80 million from the Government of India and provided by the ExportImport Bank of India. The Government of Rwanda contributed $17.7 million under the Poverty Reduction and Growth Facility (PRGF) funds supported by the Memorandum of Economic and Financial Policies (MEFP). However, due to an outdated feasibility study this was…