EDF signs deal for $1.36 billion hydropower plant in Cameroon

PUBLISHED: Fri, 09 Nov 2018 11:33:00 GMT

Anmar Frangoul

Source: EDF signs deal for $1.36 billion hydropower plant in Cameroon

  • The expected cost of the development is $1.36 billion, according to EDF.
  • It is set to be commissioned in 2023 and will have an annual power output of almost 3 terawatt hours.

Electricity company EDF, the International Finance Corporation (IFC) and Republic of Cameroon have signed “final and binding” agreements for the construction of a 420-megawatt hydropower project on the Sanaga River. The Nachtigal hydropower plant will be located close to the Nachtigal falls, 65 kilometers northeast of Cameroon’s capital, Yaounde.

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