Eranove Group to construct new hydroelectric project in Mali

The Eranove Group, a Pan-African firm is set to deliver a 42MW hydroelectric power station in Mali at a cost of US$124m. The power station will be sited at the Kenié hydroelectric dam perpendicularly to the Niger River which is approximately 35 km east of Bamako.

Kenié Energie Renouvelable signed the 30-year concession agreement on behalf of the Eranove Group with the Mali government. The agreement stated that Eranove has the responsibility to finance, develop, construct and operate the Kenié hydroelectric dam project. However, according to the government of Mali the power station will also be capable of generating about 175GWh, equal to the annual consumption of 175,000 households.
Construction work on the Kenié hydroelectric dam project is scheduled to commence in 2016 followed by the station commissioning and operation in 2020 under the concession agreement.

Marc Albérola, Eranove Group’s CEO explained that small hydro-electric facilities are capable of supplying power to villages in remote areas that are far from interconnected transmission systems. He stressed that hydro-electricity is a competitive renewable source of power and can contribute to the financial balancing of power sectors as well as meeting power demand.