AZITO IV CCGT IPP EXPANSION (430 MW TO 685 MW) (AFDB-P-CI-F00-007)

Countries
  • Ivory Coast
Where the impacts of the investment may be experienced.
Financial Institutions
  • African Development Bank (AFDB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
U
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
Jun 5, 2019
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
Government of Ivory Coast
The holder of the loan, grant, or other investment.
Sectors
  • Hydropower
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 19.44 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 U.A 27,007,061.55
Converted using 2019-06-05 exchange rate.
Primary Source

Original disclosure @ AFDB website

Updated in EWS Jun 15, 2020


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Project Description
<div class="well well-sm bg-blgrey"> <p class="ng-binding" align="justify">The present intervention concerns the Phase IV of the Azito Power Expansion Project. It aims to install an additional capacity of approximately 250 - 335 MWe at the Azito facility. The expansion (Phase IV) consists of adding one gas turbine, one heat recovery steam generator (HRSG), and one steam turbine with air cooled condenser on a 1-1-1 configuration with a combined additional output of approximately 250 &ndash; 335 MW. This expansion will increase the overall plant output to approximately 680 765 MWe. This Project will increase long-term delivery of electricity in C&ocirc;te d&rsquo;Ivoire and contribute to developing a more effective power supply in the country.</p> </div> <div class="well well-sm bg-blgrey"> <p class="ng-binding" align="justify">The objective of this Phase IV is to expand the existing 430 MW combined cycle gas turbine power plant.</p> </div> <div class="well well-sm bg-blgrey"> <p class="ng-binding" align="justify">The beneficiaries of the project are households in Abidjan and C&ocirc;te d'Ivoire in general, large mining operations, industry and some neighbouring countries. The project will help to increase in income generation through increase in additional tax and other revenues payable to the government of Ivory Coast; creation of new economic opportunities to local businesses and provision of goods and services to the construction and operation workers. Women will benefit directly through jobs and indirectly benefit through increased access to electricity and entrepreneurship by providing goods and services at the construction site.</p> </div>
Investment Description
  • African Development Bank (AFDB)
Contact Information

private-sector@afdb.org

ACCOUNTABILITY MECHANISM OF AfDB

The Independent Review Mechanism (IRM), which is administered by the Compliance Review and Mediation Unit (CRMU), is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an African Development Bank (AfDB)-financed project. If you submit a complaint to the IRM, it may assist you by either seeking to address your problems by facilitating a dispute resolution dialogue between you and those implementing the project and/or investigating whether the AfDB complied with its policies to prevent environmental and social harms. You can submit a complaint electronically by emailing crmuinfo@afdb.org, b.kargougou@afdb.org, b.fall@afdb.org, and/or s.toure@afdb.org. You can learn more about the IRM and how to file a complaint at https://www.afdb.org/en/independent-review-mechanism/.