Togo A financing agreement concluded with the Abu Dhabi Fund for the Blitta power plant
One year after the approval of the financing for the construction of the Powe Plant photovoltaic from Blitta, Togo and the Abu Dhabi Development Fund materialized their agreement this Sunday, we are told by the government site Togolese Republic. This was done through the signing of the financing agreement between the Minister of Economy and Finance Sani Yaya and a representative of the institution, in the presence of Ministers Marc Ably-Bidamon and Cina Lawson. The act took place on the sidelines of the 10th General Assembly of IRENA (International Renewable Energy Agency) which is currently being held in the UAE capital. The financing, a loan of $ 15 million, joins the $ 11 million recently approved by the West African Development Bank. As a reminder, the establishment of this power plant, which will be managed by the AMEA Power Group as part of a 25-year concession, is part of the government’s national electrification strategy, which aims to provide each region with a power plant. solar. The infrastructure will provide access to electricity for 30,000 households and the region’s cotton ginning plant from 2021.