Louga Hydroelectric Power Plants 1 and 2 (246 MW)

USD 613.00M

Total Cost

75%

Progress

Stakeholders

Countries

Transaction Support

Project Stage

Project Overview

Among the priority projects included in the ECOWAS Master Plan for the Development of Regional Means of Production and Transmission of Electric Power 2019-2033 is the Louga 1 and 2 hydroelectric power plant project. It involves the construction of two dams with respective water reservoirs of 297.6 million m3 and 237 million m3, and installation of 6 bulb-type groups totaling 246 MW.

Key Objectives

Reduce greenhouse gases (GHG) by 28% by 2030 compared to 2014 which corresponds for the Electricity Sector to an energy mix including 42% of renewable energies. Reduce dependence on fossil fuels and diversify the electricity mix of Côte d'Ivoire's electricity sector in order to prevent a single source of production from exceeding 60% of installed capacity.

Strategic Importance

The project is strategic for Côte d'Ivoire's renewable energy targets and will enhance regional power integration.

Technical Specifications

Technology: Two hydroelectric power plants with bulb-type turbines.
Capacity: 246 MW total capacity (Louga 1: 126 MW; Louga 2: 120 MW)

Financing Structure

The project is expected to be financed through a combination of public and private investment, with support from international financial institutions.

Market Analysis

Growing demand for electricity in Côte d'Ivoire and neighboring countries, with increasing focus on renewable sources.

Investment Opportunities

The production will be fed into the interconnected WAPP grid. The annual production capacity is estimated at 646 GWh. The project has the potential to subcontract to SMEs or certified companies.

Key Stakeholders

Sponsor: Ministry of Energy, Côte d'Ivoire
Partners: Ministry of Energy, Côte d'Ivoire; Compagnie Ivoirienne d'Electricité (CIE)

For More Information, Contact:
Christelle Onana
christellen@auda-nepad.org

Bernard Brian Cudjoe
bernardc@auda-nepad.org

www.au-pida.org