Congo Republic launches Chinese-funded hydro power plant
The oil-producing
central African state of Congo Republic inaugurated a 120 Megawatt
Chinese-funded hydroelectric power station late on Saturday aimed at
bridging the gap in its energy needs. The $377 million Imboulou plant
150 km (90 miles) north of the capital Brazzaville is 85 per
cent-funded with soft loans by China and was built by China National
Machinery & Equipment Import & Export Corporation (CMEC). Terms
of the financing have not been released.
Energy Minister Bruno Jean Richard Itoua said the plant, which is
due to produce 876 million kilowatt-hours a year, would allow Congo
Republic to wean itself off energy imports from its larger neighbour,
the Democratic Republic of Congo.
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