Kenié Hydroelectric Power Station
Kenié Hydroelectric Power Station is a 42 megawatts (56,000 hp) hydroelectric power station under development in Mali. The power station is owned by Eranove, a French company that specializes in the supply, distribution and management of electricity and water in Africa. In June 2015, working through its subsidiary, Kenié Énergie Renouvelable (Kénié Renewable Energy), Eranove signed a 30-year concession with the Malian government, to design, finance, build, operate and maintain this power station. Kénié Renewable Energy (KRE) is co-owned by the International Finance Corporation (IFC), a component of the World Bank Group. The energy off-taker for this power station is expected to be Société Energie du Mali (EDM-SA), the Malian public utility parastatal company.[1]
| Kenié Hydroelectric Power Station | |
|---|---|
  Map of Mali showing the location of Kenié HPP.  Kenié Hydroelectric Power Station (Africa) .svg.png.webp) Kenié Hydroelectric Power Station (Earth) | |
| Country | Mali |
| Location | Baguinéda, Kati Cercle, Koulikoro Region |
| Coordinates | 12°38′31″N 07°47′09″W |
| Purpose | Power |
| Status | Proposed |
| Construction cost | €110 million |
| Owner(s) | Eranove |
| Operator(s) | Kenié Énergie Renouvelable |
| Dam and spillways | |
| Impounds | Niger River |
| Installed capacity | 42 megawatts (56,000 hp) |
| Annual generation | 175 GWh |
Location
The power station would be located at Baguinéda, along the Niger River, in Kati Cercle, in the Koulikoro Region of southwestern Mali.[2] This is approximately 35 kilometres (22 mi), east of Bamako, the capital and largest city of Mali.[2][3]
Overview
The design calls for generation capacity of 42 megawatts, equivalent to 175 GWh in annual production, capable of supplying 175,000 Malian homes.[2][4] The 30-year concession for this power station was awarded to Eranove on a build–own–operate–transfer (BOOT) arrangement. The Malian Council of Ministers approved the award in a cabinet meeting on 15 November 2018.[2]
Ownership
Kenié Energies Revouvelables is the name of the special purpose vehicle company (SPV) that was awarded the concession contract, on behalf of Eranove, its parent company. The table below illustrates the ownership and shareholding in the SPV.[1][4]
| Rank | Shareholder | Domicile | Percentage | Notes |
|---|---|---|---|---|
| 1 | Eranove | France | 80.0 | [1][4] |
| 2 | International Finance Corporation | United States | 20.0 | [1][4] |
| Total | 100.0 | |||
Construction costs
The construction costs were reported as €110 (US$124 million), in 2015 money.[1][4]
Other considerations
In 2015 the expectation was to reach financial close in 2016, start construction after that and commission the power station in 2020, after four years of construction.[1][4] Although those plans did not materialize, as of April 2022, Eranove still hopes to develop this renewable energy infrastructure project in the future.[5]
References
- International Finance Corporation (18 June 2015). "IFC and Eranove Promote Renewable Energy Development in Mali with Kenié Hydropower Project". International Finance Corporation. Washington, DC, United States. Retrieved 8 April 2022.
- Boris Ngounou (22 November 2018). "Mali: Kénié Renewable Energy can finally change capital's composition". Afrik21.africa. Paris, France. Retrieved 8 May 2022.
- Google (8 May 2022). "Road Distance Between Bamako, Mali And Baguinéda, Mali With Map" (Map). Google Maps. Google. Retrieved 8 May 2022.
- Bonface (26 June 2018). "Eranove Group set to construct 42MW Kenié hydroelectric dam project in Mali". Construction Review Online. Nairobi, Kenya. Retrieved 7 May 2022.
- Africa Intelligence (15 April 2022). "French firm Eranove still hopeful for Kenié power plant project". AfricaIntellignce.com. Paris, France. Retrieved 8 May 2022.