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Chicapa Hydroelectric Plant

Sector: Hydro • Location: Angola

Source: World Bank Group

Project
Active

The government of Angola awarded to Hidrochiacapa company a 40 year BOT contract for the 16 MW Chicapa hydroelectric plant in November 2003.

Hidrochicapa is owned by Alrosa (55%) and state owned energy Empresa Nacional de Energia (45%). Alrosa funded the US$ 45 million project cost with through the loans acquired from Russian Vneshtorbank.

The hydro plant was designed to have four generati

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The project “Chicapa Hydroelectric Plant” is an infrastructure initiative in the Hydro sector, located in Angola. Taiyo aggregates data on it from World Bank Group.

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Participants

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Description

Description

The government of Angola awarded to Hidrochiacapa company a 40 year BOT contract for the 16 MW Chicapa hydroelectric plant in November 2003. Hidrochicapa is owned by Alrosa (55%) and state owned energy Empresa Nacional de Energia (45%). Alrosa funded the US$ 45 million project cost with through the loans acquired from Russian Vneshtorbank. The hydro plant was designed to have four generating units and was to be completed in 2006. The electricity to be generated by the plant would be sold to diamond mine Catoca and to the inhabitants of Saurimo, located in the north eastern province of Lunda Sul. The plant was the first privately owned power station in Angola. None None

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Source reliability

High

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