| Project Description |
- Extraction of methane gas from Lake Kivu and generating electricity and by products
- Project Size
- Phase I: Pilot project of 3.6 MW
- Phase II: Industrial phase with an electricity production of 50 MW
- Phase III: Extending the electricity production to 100 MW
- Other: By-products (gas to liquid fuels, fertilizers, canned gas and pipelines)
- Current Status: Ongoing extraction and power plant tests of the pilot phase
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| Expected Results |
- Completing phase II – developing an industrial plant with an output of 50 MW
- The project will improve the country’s energy output and energy balance
- The project should generate employment and help meet the growing energy demand for business and households
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| Expected Cost |
USD 134 million
- USD 3.7 B for the new lines
- USD 1.0 B for the rehabilitation of the Dar-Es Salaam – Isaka line
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| Actions Required or Implementation Arrangements |
Equity
Proposed Structure :
- Equity: 30%
- RIG SA: 60%
- Strategic Partner: 40%
- Debt: 70%
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| Status |
Phase one completely financed by RIG SA, a local investment group. Phase I
involved generating 3.6 MW and has a gas concession agreement to generate
50 MW of electricity in phase II with an increase to 100 MW in phase III,
after the success of the phase I
Phase II - RIG SA is looking for a strategic investor to raise US$ 134 million
by bringing in equity of USD 40 million and assisting in mobilizing debt
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| Contact |
Rwanda Development Board
Clare Akamanzi
Chief Operations Officer
Tel :+250 78830 1661
Email : clare.akamanzi@rdb.rw
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