Indian bank approves $83.11m for solar PV plants in DRC

Solar Power Plant - Image

Export-Import Bank of India (Exim Bank) has, on behalf of the government of India, extended three lines of credit totaling $83.11 million to the government of the Democratic Republic of the Congo (DRC).

The credit will be used to finance the installation of three solar PV power projects with a total capacity of 35MW in three provinces namely Karawa, Mbandaka and Lusambo. 

Projects covered under the credit extended to the government of the DRC include hydroelectric power projects, power transmission and distribution projects, cement plant, hand pumps and submersible pumps installation, and solar power projects.

Want to know more? Read the full article at ESI-Africa.com

Source: ESI Africa

About ESI Africa

ESI Africa – Africa’s leading power and energy journal – is positioned as an impartial industry mouthpiece, delivering the latest technical developments, breaking news and analysis in both print and digital formats. 

Since 1996, ESI Africa has presented unique market opportunities to both buyers and sellers; facilitating sector stakeholder engagement through key event media partnerships and through our position as host publication of the Clarion Energy Power series worldwide. Thus, the journal’s various routes to market are expertly primed to build a bridge between readers and solution providers as ESI Africa sifts through the daily noise and delivers the tale of Africa’s energy power and water transformation to the African and global market.

Register to receive the ESI Africa newsletter in your inbox!

Related blogs