Kenié Hydroelectric Power Station Explained

Kenié Hydroelectric Power Station
Location Map:Mali#Africa#World
Location Map Caption:Map of Mali showing the location of Kenié HPP.
Coordinates:12.6419°N -7.7858°W
Country:Mali
Location:Baguinéda, Kati Cercle, Koulikoro Region
Purpose:P
Status:P
Cost:€110 million
Owner:Eranove
Operator:Kenié Énergie Renouvelable
Dam Crosses:Niger River
Plant Annual Gen:175 GWh

Kenié Hydroelectric Power Station is a hydroelectric power station under development in Mali. The power station is owned by Eranove, a French company that specializes in the supply, distribution and management of electricity and water in Africa. In June 2015, working through its subsidiary, Kenié Énergie Renouvelable (Kénié Renewable Energy), Eranove signed a 30-year concession with the Malian government, to design, finance, build, operate and maintain this power station. Kénié Renewable Energy (KRE) is co-owned by the International Finance Corporation (IFC), a component of the World Bank Group. The energy off-taker for this power station is expected to be Société Energie du Mali (EDM-SA), the Malian public utility parastatal company.[1]

Location

The power station would be located at Baguinéda, along the Niger River, in Kati Cercle, in the Koulikoro Region of southwestern Mali.[2] This is approximately 35km (22miles), east of Bamako, the capital and largest city of Mali.[2]

Overview

The design calls for generation capacity of 42 megawatts, equivalent to 175 GWh in annual production, capable of supplying 175,000 Malian homes.[2] [3] The 30-year concession for this power station was awarded to Eranove on a build–own–operate–transfer (BOOT) arrangement. The Malian Council of Ministers approved the award in a cabinet meeting on 15 November 2018.[2]

Ownership

Kenié Energies Revouvelables is the name of the special purpose vehicle company (SPV) that was awarded the concession contract, on behalf of Eranove, its parent company. The table below illustrates the ownership and shareholding in the SPV.[1] [3]

Shareholding In Kenié Energies Revouvelables In 2018! Rank !! Shareholder !!Domicile !! Percentage !! Notes
1 80.0
2 20.0
Total 100.0

Construction costs

The construction costs were reported as €110 (US$124 million), in 2015 money.[1] [3]

Other considerations

In 2015 the expectation was to reach financial close in 2016, start construction after that and commission the power station in 2020, after four years of construction.[1] [3] Although those plans did not materialize, as of April 2022, Eranove still hopes to develop this renewable energy infrastructure project in the future.[4]

See also

External links

Notes and References

  1. Web site: . IFC and Eranove Promote Renewable Energy Development in Mali with Kenié Hydropower Project . 18 June 2015 . International Finance Corporation . 8 April 2022 . Washington, DC, United States.
  2. Web site: Mali: Kénié Renewable Energy can finally change capital's composition . Afrik21.africa . 22 November 2018 . Boris Ngounou . 8 May 2022 . Paris, France.
  3. Web site: Eranove Group set to construct 42MW Kenié hydroelectric dam project in Mali. Construction Review Online. 26 June 2018. Bonface. Nairobi, Kenya. 7 May 2022.
  4. Web site: French firm Eranove still hopeful for Kenié power plant project . 15 April 2022 . AfricaIntellignce.com . Africa Intelligence . 8 May 2022 . Paris, France.