BOAD will allocate 7bn FCFA for the construction of 30MW solar power plant in Togo


During the 115th ordinary session held Wednesday, December 18 in Dakar, the board of directors of the West African Development Bank (BOAD) approved the partial financing of several projects submitted by the States or other actors Economic and Monetary Union of West Africa (UEMOA).

The project to build a 30 MW photovoltaic solar power plant in Blitta, supported by Togo, was approved in this category, to benefit from 7 billion FCFA.

Initially planned to be installed in Dapaong, this plant, which has been transferred to Blitta, mobilizes both the Abu Dhabi Fund and the company AMEA POWER.

The 7 billion FCFA promised by BOAD will contribute in part to the construction, operation, and maintenance of this structure, which should produce solar energy. Envisaged according to the mode of a Public-Private Partnership, it was the subject of a concession of 25 years, period at the end of which it will be transferred to the State via the CEET, company in charge of the marketing of the energy in Togo.

As a reminder, the Blitta power station will be the first of 4 works of this capacity, announced as part of the National Electrification Strategy 2018-2030.

PSC SOLAR LTD

PSC INDUSTRIES LIMITED is a Solar Electricity and Renewable energy total Solutions Manufacturer located in Lagos, Nigeria. We provide Cost-competitive, Environmental friendly, high quality and innovative Solar/renewable energy products including but not limited to Solar PV Panels, Inverters, Solar Charge Controllers, Solar Streetlights and Deep Cycle Batteries.

Leave a Reply

Your email address will not be published. Required fields are marked *