New 400 kV transmission facilities in Zimbabwe, Zambia, Botswana and Namibia creating an alternative power corridor in SAPP. Initial operation at 330kV targeting 300 MW transfer, upgradeable to 600 MW at 400kV. Decongests existing central corridor. AfDB procured consultancy to update feasibility and ESIA studies January 2024. ESIA complete in Botswana, Namibia, Zimbabwe; Zambia ESIA by SWECO ongoing. Fichtner (Germany) provides transaction/technical advisory; PhD Capital (South Africa) provides project coordination. Four national utilities: NamPower, ZESA, ZESCO, BPC — each 20% equity in SPV incorporated in Namibia. Development banks interested: DBSA (USD 50M pledged), AFD (USD 30-50M pledged), AfDB (40% of debt financing committed).
PIDA Code
E.30.05
Project Status
Active
Project Stage
Transaction Support & Financial Close
Completion Percentage
0
Sector Name
Energy
Subsector Name
Power Interconnector
Reference Plan
PIDA PAP 2
On SDM
Off
Summary
Project Structuring (S3A). AfDB updating feasibility/ESIA Jan 2024. ESIA complete BNZ; Zambia ongoing. 400kV, 300 MW initial to 600 MW. DBSA USD 50M; AFD USD 30-50M; AfDB 40% debt committed.
Description
Capex Cost
240.00USD million
Preparation Cost
10.00
Revenue Model
Transmission tariffs and wheeling charges for power trading
Project Risk
Four-country coordination; Financing risks; Construction delays; Regulatory harmonisation
Countries
Zimbabwe, Zambia, Botswana, Namibia
REC
SADC
Stakeholders
Southern African Development Community
Start Date
Date Created Raw
Updated Date