Loan No: | 643 | Interest Rate: | 2.0 % |
Beneficiary: | Sudanese Thermal Power Generating Company (STPG) | Grace Period: | 7 years |
Project Cost: | KD 66.5 million | Maturity: | 30 years |
Amount of Loan: | KD 52.0 million | Repayment: | 47 semi-annual installments |
Date of Board Approval: | - | First Installment: | 7 years following the first disbursement |
Date of Loan Agreement: | 2017-04-18 | Date of Loan Effectiveness: | 2017-01-08 |
Objectives:
The project aims at reducing the existing and growing gap in satisfying the demand for electric power and energy on the Sudanese grid, through the construction of El Bagair power generating station south of Khartoum. The station will initially operate on crude oil as its primary fuel, then run on natural gas following the construction of a pipeline to supply the city of Khartoum with natural gas imported via Portsudan.
Description:
The project, which is expected to be completed by the end of 2019, includes the construction of a 350 MW simple cycle power generating station, along with all necessary civil, mechanical and electrical works. The project also includes the construction of a 15/220/500 kV substation to connect the station to the electrical transmission network, along with the required technical services. The project includes the following main components:
- Civil Works:This includes the construction of the equipment foundations, the necessary buildings and an internal road network.
- Two Gas Units:This includes the supply and installation of two gas turbines, each rated at 175 MW, two 15 kV generators, each rated at 200 MVA, along with all their accessories and associated mechanical and electrical works.
- Two Substations and Interconnection to the Grid:This includes the construction of a 600 MVA substation from 15 kV to 220 kV then 500 kV, in order to connect the generating station with the Soba and Giad 220 kV substations, and prepare for the future interconnection of the generating station with the Jabal Awlia and Kabashi 500 kV substations, along with all busbars, transformers, circuit breakers, measurement, protection and control equipment for both substations.
- Technical Services:This includes consultancy services required for bid analysis, assistance to STPG in drawing up the contracts, project supervision, equipment testing and preliminary acceptance.
Financing:
The Arab Fund’s loan covers about 78% of the total project cost. The Sudanese Government will cover the remaining cost of the project and any additional cost that may arise.