Yuma-South Akanyaru 80MW peat power plant

Overview:

• Yuma-South Akanyaru 80MW peat power plant.
• Hakan Madencilik ve Elektrik Üretim, Quantum Power and Themis Energy are constructing a peat fired power plant in Southern Rwanda in the Gisagura district.
• The concession runs for 26 years after which the plant will revert to ownership by the Rwandan government. The plant is due to come online in 2020.
• $281 million of the $400 million cost of the project is being provided by Africa Finance Corporation (AFC), Finnfund, PTA Bank, Afreximbank, the Development Bank of Rwanda (BRD) and the Export-Import Bank of India. 
• The project is the second largest IPP in Rwanda to date. The country intends to install 563MW by 2018.

Sam Duke - Editor