Cameroon: Nachtigal agreement signed
Issue 345
- 05 May 2017
| 1 minute read
Minister of water and energy Basile Atangana Kouna and Nachtigal Hydro Power Company (NHPC) general manager Olivier Flambard signed a generation concession agreement on 20 April for the Nachtigal Amont hydroelectric facility. The agreement makes NHPC the concession holder for 35 years and grants the project company land rights on the project site. NHPC was established in 2016, and is owned by the government of Cameroon (30%), the International Finance Corporation (30%) and EDF International (40%).
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