Construction du Barrage et Aménagement de la Centrale Hydroélectrique de Palambo
Project description and objectives:
The project comprises the construction of a dam to regulate the Ubungi and Congo rivers flow downstream of Bangui, mainly during the low water period, and a hydroelectric plant to serve the CRA capital and the neighboring area
The project objectives are to:
Produce and ensure a regular and sufficient supply of electricity to Bangui and its immediate area as well as areas of Congo and DRCImproving the navigation in the Ubangi River, and consequently fluvial transportation between Bangui and Brazzaville and Kinshasa
Promote the development of economic activities and services in Bangui and the DRC by the permanent supply of electricity to companies
Contribute to the multimodal transport Corridor 13, part of the Central African Consensual Transport Master Plan
Enable the Water Transfer project From the Ubangi to Lake Chad
Beneficiary Countries: Central African Republic, Republic of the Congo, and Democratic Republic of Congo
Project Status:
Pre-feasibility studies were done in 1990 by SOGREAH, part of ARTELIA, an important French engineering company
Feasibility Stage (S2B) has not been launched yet; deficiency of funding is identified as the reason for the lack of progress so far
Financial needs:
In the short term, financing is required to do the feasibility study (3 Mn USD) and the Transaction Support & Financial Close (TBD)
Private Sector Opportunities:
All involved countries have an advantageous PPP regulatory framework, including DRC that shows a relevant track record of hydropower projects and, in consequence, a big PPP potential