Sahofika Hydropower Proj (DFC-SAHOFIKA)

Countries
  • Madagascar
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • US International Development Finance Corporation (DFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
A
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Borrower
Nouvelle Energie Hydroelectrique de l’Onive
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Hydropower
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ DFC website

Updated in EWS Aug 22, 2020

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to bank documents, the Project involves the construction and operation of a 192 MW hydropower facility on the Onive River. The Project’s main components will include a 57 m high concrete dam with 396 m crest length and a 35 m high embankment saddle dam, with a 230 m crest length forming a 124 million m3 storage reservoir. The proposed design includes a 4 km long intake headrace tunnel and approximately 2 km penstocks. The powerhouse will be equipped with 6 vertical axis Pelton turbines under approximately 700 m of head, which will produce an estimated 1670 GWh annually. The Project also includes rehabilitation and construction of approximately 110 km of access roads and construction of a 74 km 220kV transmission line.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Address: Bâtiment C1, Business Park, Antananarivo 101, Madagascar
Telephone: (+261) 020 22 207 58
Point of Contact: Mr. Didier Payerne / Ms. Aro Ratovonomenjanahary
Email: didier.payerne@eiffage.com 

How it works

How it works