The Cameroonian Government has allocated about $11Million to compensate all residents affected by the Cameroon-Chad Power Interconnection Project (Pirect).
The invoice for the project is $924Million, with financing by the World Bank, African Development Bank ($281Millon), and the European Union ($33Million) among other financiers.
Pirect is expected turn Cameroon into Central Africa’s top electricity exporter, supplying Chad with 100 MW of power from the Nachtigal Dam, which has a capacity of 420 MW. It is exected to be ompleted in 2027.
A recent workshop on the project’s construction, focused on the financing provided by the Islamic Development Bank (IsDB).
IsDB’s contribution of $133Million will be used for constructing four new power substations, supporting projects for women and youth in the areas affected by the project, creating a technical library for power transmission, and building 566 kilometres of transmission lines to the Chad border. It will also provide electricity to 409 communities along the route, according to Sonatrel, the company leading the project.
