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- Operations
- Azito 139MW Gas Thermal Power Plant 3rd Expansion
Azito 139MW Gas Thermal Power Plant 3rd Expansion
Côte d'Ivoire
Borrower | Azito Energie (AE) |
Financing Type | Private Sector & Trade Finance |
Instrument | Private Sector Debt |
Focus Area | Energy |
Approved | 12.12.2012 |
Signed | 18.10.2013 |
Status | Completed |
Loan Administrator | OPEC Fund |
Co-financiers | AFDB, IFC, BOAD, BIO, DEG, EAIF, FMO, PROPARCO |
OPEC Fund Contribution (US$m) | 25.00 |
OFID co-financed this project with the IFC and a consortium of European DFIs including Proparco, FMO, BIO and EAIF. Azito Energie added a 139 MW steam cycle capacity to its existing natural gas-fired open cycle plant, converting it to a combined cycle operation. The project helped enhance the efficiency of the plant by generating 50% more power without the use of additional gas.