hydro4africa, your internet portal on hydropower in Africa
menu powered by Milonic
You are here: Comments and remarks to Wim Jonker Klunne

news @ hydro4africa

India in finance agreement for Rwanda project

Exim Bank of India has approved a loan of US$60M to the Government of Rwanda to finance construction of the Nyabarongo hydro power project in Rwanda.
The bank had earlier extended a line of credit of US$20M as a first tranche to part-finance construction of the project, which is being executed by Bharat Heavy Electricals and Angelique International.

The loans will be used to finance at least 85% of the total contract value through sourcing of goods and services from India.

Additional information:
News date: 28/01/2010

To the news index

sponsored links

More information on renewables in Africa: wind4africa - solar4africa - biomass4africa