Azito

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The Azito gas power plant is located 10 km from Abidjan. It is a 288 MW plant with 2 turbines which started operations in 1999 (“Phase 1”) and 2000 (“Phase 2”) respectively.

The project consists in increasing the capacity of the Azito power plant through the conversion of the existing plant form simple-cycle to combined-cycle increasing its nominal installed capacity by around 50%, from 288 MW to 427 MW with no additional gas needed.

The expansion of the plant through a combined-cycle was contemplated from the outset under the Concession Agreement entered into with the Government of Côte d’Ivoire in 1998, but actual implementation was hindered due to the political events.

BIO’s investment is important as in the post-war country long-term financing is hard to come by. As the first energy project since the 2011 crisis, the project has pushed forward key measures to ensure financial viability of the energy sector and will facilitate new projects to come on line.

The key impact is the contribution of the national generation capacity (+15%). This is essential in a country where the reserve margin is currently very low, the penetration rate is only 33% and which is expected to experience high economic growth in the next years to recover from 10 years of political turmoil.

Development impact:

  • Private sector consolidation/innovation: network expansion; increase of national power generation capacity
  • Access to basic services and goods: access to electricity
  • Fight against climate change and preservation of natural resources: reduction of CO2 emission; the conversion to combined cycle allows an increase of capacity without additional gas consumption. It is expected that 400,000 tons CO2 per annum will be saved thanks to this technology, hence having a positive impact on the limitation of climate change.

Website: www.azitoenergie.com

  • Investment amount (€):

    € 17.76 M

    Increase capacity of gas power plant

  • Contract signature :

    2012

  • Nature of intervention :

    Loan

  • Development impacts :

    • 1 — Private sector consolidation/innovation
    • 2 — Access to basic services and goods
    • 3 — Fight against climate change and preservation of natural resources