Tobene IPP Phase 2 (IFC-37808)

Countries
  • Senegal
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Jul 27, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
TOBENE POWER SA
The holder of the loan, grant, or other investment.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 10.76 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported 9 million Euros
Converted using 2017-11-27 exchange rate.
Primary Source

Original disclosure @ IFC website

Updated in EWS Nov 27, 2017

Disclosed by Bank Feb 16, 2017


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Project Description
The proposed project, developed by Melec PowerGen Inc (MPG), a subsidiary of the MATELEC Group, consists of an increase in the installed capacity of the existing Tobene IPP (an HFO fired power plant convertible to gas operations in Senegal) from 96 MW to 115 MW, such that under its Power Purchase Agreement with Senelec it will provide increased a minimum guaranteed capacity, from 70 MW to 105 MW, including 115 MW for the peak demand during the peak season (June to October). The extension will be located within the permitted footprint of 4.5 hectares, requiring no additional land. The power plant is connected to the existing Tobene 225/90kV substation, located about 200m away from the project site. The power plant is located in a scarcely populated area within the rural community of Taïba Ndiaye (about 29,000 inhabitants), regional department of Tivaouane, approximately 90 km north-west of Dakar, Senegal. The closest villages to the plant are Keur Malé (911 inhabitants), Minam (788 inhabitants) and Mbayène (1,300 inhabitants). Minam, which is the closest village among the three, is located about 900 m from the plant.
Investment Description
  • International Finance Corporation (IFC)
Contact Information
Contact Person: Said JALKH Company Name: Tobene Power SA Address: 29545 Dakar Yoff - Senegal Email: sjalkh@melecpowergen.com Phone: +221 33 820 92 12 Facsimile: +221 33 820 46 76 ACCOUNTABILITY MECHANISM OF IFC The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/