OPEC Fund Annual Report 2024

05 | THE ANNEX

2024 ENERGY

PUBLIC SECTOR

Country

Project title

Amount (US$MN)

Co- financiers*

Objectives

SDGs

Bhutan

Begana and Gamri-I Integrated Hydropower Project

50.0

-

The construction two hydropower plants — Gamri (45 MW) in the east of the country and Begana (25 MW) in the west — will mainly cover local demand through mini-grids but will have the option to plug into Bhutan’s main grid, which already exports energy to neighboring countries. The facilities are expected to improve power reliability for around 50,000 households in key regions Constructing and equipping new distribution substations and associated networks and rehabilitating and adapting existing networks, benefitting 334,600 households or 1.3 million residents

7

Dominican Republic

Program to Improve the National Distribution System

120.0 IDB

7

Mauritania Mauritania-Mali Power Interconnection and

40.0

AfDB, AFD, BOAD, CBM, CIF, EIB, GCF, IsDB, SFD, SOGEM, WB

Building an electricity distribution network between the two countries, bringing power to 80,000 households for the first time 7

Related Solar Power Plants Development Project (PIEMM)

Tajikistan

Rogun Hydropower Plant Project (Lot 4) - Tranche 1

25.0

ADFD, IsDB, KFAED, SFD

Construction of a hydropower complex designed as a multi-purpose dam with a total generation capacity of 3,780 MW, which will also regulate water and reduce the risk of floods and droughts

7

Total

235.0

PRIVATE SECTOR

Country

Project title

Amount (US$MN)

Co- financiers*

Objectives

SDGs

Egypt

ACWA Power Suez Wind Project - Egypt

30.0

AfDB, AEF, BII, DEG, EBRD, SCB

Construction of two 550 MW wind farms with a total capacity of 1.1 GW in Egypt’s Gulf of Suez region. When finished, the project will power more than 1 million homes and reduce carbon emissions by around 2.5 million tons per year

7

Uganda

Achwa I 42MW Hydroelectric Power Plant

16.5

BIO, DEG, EAIF

Construction of a 42 MW run-of-the-river hydroelectric plant in a northern district of the country 7

Uzbekistan Thermal Independent Power Project - Surkhandarya

35.7

AIIB, DEG, ICD, IsDB

Construction of a 1.6 GW greenfield power plant, as well as a water extracting facility and two substations

7, 8, 9, 13

Total

82.2

Grand Total

317.2

77

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