Kinguélé Aval Hydroelectric Power Station is a planned 35 megawatts (47,000 hp) hydroelectric power station, across the Mbei River, a tributary of the Komo River, in Gabon. The power station is the first grid-ready, privately owned hydroelectric power station in the country.[1]
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Kinguélé Aval Hydroelectric Power Station | |
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![]() ![]() Map of Gabon showing the location of Kinguélé Aval Power Station. Show map of Gabon![]() ![]() Kinguélé Aval Hydroelectric Power Station (Africa) Show map of Africa![]() ![]() Kinguélé Aval Hydroelectric Power Station (Earth) Show map of Earth | |
Country | Gabon |
Location | Estuaire Province |
Coordinates | 00°18′18″N 10°11′23″E |
Purpose | Power |
Status | Proposed |
Opening date | Q4: 2024 Expected |
Construction cost | €150 million |
Owner(s) | Asonha Energie SA |
Operator(s) | Asonha Energie SA |
Dam and spillways | |
Type of dam | Run of river |
Impounds | Mbei River |
Turbines | 2 x 17.5 MW |
Installed capacity | 35 megawatts (47,000 hp) |
Annual generation | 205 GWh |
The power station would be located across the Mbei River, in Estuaire Province, approximately 100 kilometres (62 mi) east of Libreville,[2] the capital and largest city in Gabon. Kinguélé Aval Hydroelectric Power Station will be downstream of the 69 megawatts Tchimbélé Hydroelectric Power Station and downstream of the 58 megawatts Kinguélé Hydroelectric Power Station.[3]
The power station is under development by a consortium comprising Meridiam, an international firm based in Paris, France, that focuses on "developing, financing and managing long-term public infrastructure projects", and the Gabonese Strategic Investment Fund (FGIS).[1]
The owners have established a special-purpose vehicle company called Asonha Energie SA, to develop, manage and maintain the proposed power station and associated infrastructure developments. The energy generated at this power station will be sold to Société d’énergie et d’eau du Gabon (SEEG), the national electricity utility company, under a 30-year power purchase agreement (PPA).[1]
The table blow illustrates the shareholding in Asonha Energie, the special vehicle company, established to own, develop and manage the Kinguélé Aval Hydroelectric Power Station.[1][3]
Rank | Shareholder | Domicile | Percentage |
---|---|---|---|
1 | Meridiam | France | 60.0 |
2 | Gabon Power Company | Gabon | 40.0 |
Total | 100.00 | ||
The engineering, procurement and construction (EPC) contract for this project was awarded to Sinohydro, the Chinese, state-owned hydropower engineering and construction company.[1] The construction budget has been reported as €176 million (approx. US$209 million).[4]
The long list of funders for this power station include the entities listed in the table below:[3]
Rank | Name of Development Partner | € (Million) | Percentage |
---|---|---|---|
1 | African Development Bank[3] | 20.0 | |
2 | Africa Growing Together Fund[3] | 10.0 | |
3 | Sustainable Energy Fund for Africa[3] | 9.0 | |
4 | International Finance Corporation[4] | 40.0 | |
5 | Canada–IFC Program for Renewable Energy in Africa[4] | 25.0 | |
6 | Development Bank of Southern Africa | ||
7 | Emerging Africa Infrastructure Development Fund | ||
Total | 176.00 | 100.00 | |