The project aims to (i) supply 14 additional areas on the outskirts of Niamey with electricity, enabling 45,000 connections, (ii) connect three isolated grids to the main networks, enabling the shutdown of three small thermal plants, and creating 1,800 connections in 18 villages (along the routes of the lines) and (iii) connect 30 rural municipalities and 70 villages to the main networks, enabling 14,500 new connections. The tendering process for the physical works was launched in February 2016, and the selected companies should start the works during Q2 2016.
The EU-AITF SE4ALL financial instrument grant will provide a capital participation to the project to close a financing gap and will hence remove a substantial hurdle to financial close. As a result, the grant brings direct benefits to the Kenyan end consumer by supporting a project that will deliver over 20 years of sustainable electricity supply at a favourable rate.
The financing documents, including the EU-AITF investment agreement, were signed in March 2014.
The tendering process for the physical works was launched in February 2016, and the selected companies should start the works during Q4 2016.