Sahofika Hydropower Proj (DFC-SAHOFIKA)

Countries
  • Madagascar
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
Bank Risk Rating
A
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.
Borrower
Nouvelle Energie Hydroelectrique de l’Onive
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)
Not Disclosed
When disclosed, the bank did not provide this value. Please review updated project documents for more information.
Primary Source

Original disclosure @ DFC website

Updated in EWS Aug 22, 2020


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Project 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
  • US International Development Finance Corporation (DFC)
Contact Information

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