Congo (DRC) President plans regional conference around Inga dam

In the Democratic Republic of Congo, the president, Félix Tshisekedi, plans to organize a conference in April in Kinsasha to mobilize the countries of the region around the Inga project. The leader invited the authorities of South Africa, Angola, Kenya, the Republic of Congo, Rwanda and Uganda with the support of the African Union.

He intends to discuss with them the feasibility of the Grand Inga project on the Congo River. Participants will also be involved in the choice of funding sources, companies responsible for construction and the project implementation schedule, says The East African.

The Inga project aims to exploit the electrical potential of the Congo River estimated at more than 45,000 MW. The Inga I (351 MW) and Inga II (1,424 MW) power plants have already been built and the country has started developing Inga III for several years.

Under the presidency of the ex-leader of the country, Joseph Kabila, it was initially planned that Inga III would have a capacity of 11,000 MW and be financed up to $ 14 billion by a Sino-Spanish consortium. Recently, the Spanish side announced its withdrawal due to differences over the distribution of shares.

President Félix Tshisekedi recently announced that the size of the project will be reduced to 4,800 MW before being gradually increased.

Meanwhile, several analysts fear that the project will end in white elephant because of the lack of real planning by the authorities. “The DRC has never had a real real plan for Inga 1 or Inga 2, and even less for Inga 3. It was under external pressure, particularly from South Africans, that we started to try to structure the project, ” said Al Kitenge, an economic analyst in Kinshasa.

 

Source: Agence Ecofin

Share

SUBSCRIBE TO LATEST ENERGY NEWS

Read the latest energy industry news and researched articles
for oil and gas, power generation, renewable energy, events and more...