Islamic Republic of Mauritania

Development of Power Generating Stations for Interior Cities
Loan No: 588 Interest Rate: 2.5 %
Beneficiary: SOMELEC Grace Period: 7 years
Project Cost: KD 3.2 million Maturity: 25 years
Amount of Loan: KD 3.0 million Repayment: 37 semi-annual installments
Date of Board Approval: 2013-02-03 First Installment: 7 years following the first disbursement
Date of Loan Agreement: 2013-02-03 Date of Loan Effectiveness: 2013-06-11


Objectives:

The project aims at satisfying the rising demand for electric power in about 30 interior cities until the year 2020. This will be accomplished by increasing the installed generation capacity through adding new generating units, and rehabilitating the existing power stations.

Description:

The project, which is expected to be completed in the third quarter of 2015, includes the acquisition and installation of generating units and auxiliaries, and the acquisition of transportation means, cranes, fuel trucks and spare parts. The project also includes civil works for new units, and the rehabilitation and maintenance of a number of existing generating units, in addition to consultancy services. The project consists of the following main components:

  1. Generating Units: This includes the acquisition and installation of approximately 31 generating units with capacities of approximately 250 kW, 500 kW and 800 kW, and their mechanical and electrical accessories, auxiliaries, control and protection systems, and spare parts.
  2. Installation, Rehabilitation and Maintenance Works: This includes transportation and installation of new generating units, rehabilitation of a selected set of existing units, renovation of control systems, and acquisition of spare parts needed for protective and emergency maintenance, in addition to establishing a central workshop, equipping it with tools and supplying it with transportation means, cranes and fuel tankers.
  3. Civil and Renovation Works: This includes civil works for new units, in addition to the maintenance and restoration of existing generating units.
  4. Consultancy Services: This includes consultancy services for assistance in bid evaluation, contract proceedings and work supervision.

Financing:

The Arab Fund’s loan covers about 94% of the total project cost. The Mauritanian Government will cover the remaining cost of the project and any additional cost that may arise.