RicherFin · Sovereign Projects

Kafue Gorge Lower Hydropower Station (750 MW) — Zambia

Zambia · Kafue, Lusaka, Zambia · Energy

Overview

750 MW hydropower station (5 × 150 MW units) on the Kafue river. EPC contractor: Sinohydro Corporation Ltd. EPC contract grew from USD 1.48bn to USD 2.0bn. Financing 85% Exim Bank of China + ICBC syndicate (USD 1.53bn buyer's credit). Construction 2015–2021; fifth unit commissioned 24 Mar 2023

Key project information

Official name
Kafue Gorge Lower Hydropower Station (750 MW)
Status
Implementation
Current phase
Implementation
Country
Zambia
Location
Kafue, Lusaka, Zambia
Sector
Energy
Project structure
Direct procurement
Estimated project cost
USD 2bn