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    REG Starts Construction Of 43.5MW Hydroelectric Power Plant In Rwanda


    May 24, 2022 - Fitch Solutions Sector Intelligence

     

      THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources. Fitch Ratings analysts do not share data or information with Fitch Solutions Country Risk & Industry Research.

      REG Starts Construction Of 43.5MW Hydroelectric Power Plant In Rwanda

      • 24 May 2022
      • Rwanda
      • Infrastructure

      News: Rwanda Energy Group (REG) has started the construction of a 43.5MW Nyabarongo II hydroelectric power plant on the Nyabarongo River in Rwanda. The facility forms the first phase of the Nyabarongo II Multipurpose Development Scheme. In 2020, the Rwandan government secured a USD214mn concessional loan from China Exim Bank to fund the power station and associated transmission infrastructure. Sinohydro is responsible for implementing the project. Construction is expected to be completed in 56 months (Renewables Now).

      This report from Fitch Solutions Country Risk & Industry Research is a product of Fitch Solutions Group Ltd, UK Company registration number 08789939 ('FSG'). FSG is an affiliate of Fitch Ratings Inc. ('Fitch Ratings'). FSG is solely responsible for the content of this report, without any input from Fitch Ratings.

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