A new loan is secured for the Kékéli Efficient Power plant project

Energy
Friday, 22 November 2019 17:04
A new loan is secured for the Kékéli Efficient Power plant project

(Togo First) - A loan agreement was signed yesterday for the construction of a 65MW combined-cycle Kékéli Efficient power plant. 

The document was inked in Lomé by the BOAD, a group of technical and financial partners, and Kékéli Efficient Power (Eranove Group).  

This signing is a new milestone towards the realization of the project which will cost XOF64 billon. 

Last March, the BOAD announced it would provide Kékéli Efficient Power XOF25 billion in its framework. Three months later, on June 12, Komi Klassou, Togo's Prime Minister, laid the first stone for the infrastructure, on the eve of the first Togo-EU economic forum. 

Séna Akoda

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