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FM
Former Member

Platinum Power plans to construct $845m hydropower plant in Cameroon

EBR Staff Writer, Published 02 July 2015, Source

 

Brookstone Partners’ Morocco-based subsidiary Platinum Power is reportedly planning to construct a 400MW hydroelectric project in Makay, Cameroon, with an investment of $845.8m.

 

As part of this effort, the company has signed a framework public-private partnership agreement with the Cameroonian Government.

 

Platinum Power CEO Omar Belmamoun was quoted by Reuters as saying that the power generated from the hydro project will be sold to Cameroon's national power utility company, Eneo.

 

Platinum Power is planning to begin construction of the project in 2017 and complete in 2020.

 

The hydro power plant is expected to meet the rising power demands in the country, which currently produces about 1,200MW of electricity.

 

According to the country's monetary and finance committee, power generation capacity of the Central African country should be around 3,000MW to meet the demands of the expected 9.5% economic growth by 2018.

 

Earlier this year, Platinum Power had announced its plan to build several hydroelectric power plants in Ivory Coast, with a potential investment of XOF450bn ($763.1m).

 

Platinum Power is focused on the development, financing, construction, ownership and operation of renewable energy projects in Africa.

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Tell that to Bharat he was charging the nation $835 million PLUS INTEREST for 165 MW.

 

This 400 MW project is costing about the same.

 

It is anti-national and anti-patriotic when someone will use the national development to tek a bribe.

 

Guyana desperately needs cheap and reliable electricity but for that to happen theis fool got to mek another US$10 million for himself and his spouse - Babby.

FM
Last edited by Former Member

Location, workers, proximity to the needed materials and equipment, etc., vary greatly among hydroelectric power plant.

 

Also, indeed the eventual costs are usually equated to cost per KWH.

 

Of note, the locations for hydroelectric power plants are in remote areas of Guyana which increases the costs for transportation, installation, etc., for the project.

 

Therefore, unit cost per KWH while for the identical power output can indeed vary.

FM
Originally Posted by KishanB:

Tell that to Bharat he was charging the nation $835 million PLUS INTEREST for 165 MW.

 

This 400 MW project is costing about the same.

 

It is anti-national and anti-patriotic when someone will use the national development to tek a bribe.

 

Guyana desperately needs cheap and reliable electricity but for that to happen theis fool got to mek another US$10 million for himself and his spouse - Babby.

The PPP were planning to rob Guyana blind with the Amaila Falls Hydro Project. Even in the most corrupt countries such as Cameroon they can get a 400MW hydro plant cheaper than the 165MW plant that the PPP were using to scam the Guyanese taxpayers.

Mars
Originally Posted by Demerara_Guy:

Location, workers, proximity to the needed materials and equipment, etc., vary greatly among hydroelectric power plant.

 

Also, indeed the eventual costs are usually equated to cost per KWH.

 

Of note, the locations for hydroelectric power plants are in remote areas of Guyana which increases the costs for transportation, installation, etc., for the project.

 

Therefore, unit cost per KWH while for the identical power output can indeed vary.

Uncle Demerara Guy.  I am aware you are the resident engineer on GNI so I am not going to question your technical skills.

 

What I am very concerned about is that your argument cannot hold water.  I will tell you why?

 

The distance form the hydro site in Cameroun to the coast is some 541 km.  Amaila is only 288 miles away from the coast.  So your location argument is flawed Sir.

 

STOP IT.

 

Bharat and Babby were planning to LICK UP.  End of story.  Thanks the lord for Granger and Nagamootoo who stopped them in their tracks.

FM
Originally Posted by Demerara_Guy:

Location, workers, proximity to the needed materials and equipment, etc., vary greatly among hydroelectric power plant.

 

Also, indeed the eventual costs are usually equated to cost per KWH.

 

Of note, the locations for hydroelectric power plants are in remote areas of Guyana which increases the costs for transportation, installation, etc., for the project.

 

Therefore, unit cost per KWH while for the identical power output can indeed vary.

Ole bai, what's the difference between the cost per MW and the cost per MWh?  What do you need to calculate the latter? 

FM
Last edited by Former Member

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