BRAZZAVILLE: The oil-producing central African state of Congo Republic inaugurated a 120 Megawatt Chinese-funded hydroelectric power station late on Saturday aimed at bridging the gap in its energy needs.
The $377 million Imboulou plant 150 km (90 miles) north of the capital Brazzaville is 85 percent-funded with soft loans by China and was built by China National Machinery & Equipment Import & Export Corporation (CMEC). Terms of the financing have not been released.
Energy Minister Bruno Jean Richard Itoua said the plant, which is due to produce 876 million kilowatt-hours a year, would allow Congo Republic to wean itself off energy imports from its larger neighbour, the Democratic Republic of Congo.
Congo Republic consumed around 470 million kWh of energy in 2007 compared to domestic production capacity of 400 million, according to the CIA World Factbook.
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