Cap des Biches

active

The proposed project, to be developed by Contour Global Cap des Biches (the Company), involves the design, construction and operation of a 53 MW Heavy-Fuel Oil fired combined cycle thermal power plant located in Rufisque (23 km east of Dakar) in Senegal. The project consists of three 16.5 MW combustion engines equipped with a 3.5 MW combined cycle / heat recovery system and a short transmission line of approximately 500 meters in length connecting the power plant to an existing adjacent substation. The proposed IFC investment is to provide a cross-currency swap of an LEQ of USD 9 million. The project site is adjacent to a defunct Senegalese power generation facility operated between 2000 – 2013 before being abandoned for commercial reasons, and is located in the Cap des Biches industrialized zone. The nearest inhabited zone, is located at around 400m to the east of the Project area. The project will use the fuel storage tanks installed for the defunct power plant on the adjacent site. The electricity will be sold independently for 20 years, within the framework of a power purchase agreement signed with SENELEC. The defunct plant (where the fuel storage tanks for the new project are located) is located on 2.5ha of land, edged to the west by the SENELEC substation. The new power plant will be built on a 3 ha plot to the east of the existing site. The affected land has been used for market gardening for several years.