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EIB, EU extend financial support for 225 kV Guinea–Mali link [free access]

April 26, 2021

The European Investment Bank (EIB) and the European Union (EU) will provide financial assistance worth EUR330 million for the development of the 225/30 kV Projetd’ Interconnexion Électrique Guinée Mali (PIEGM) or the Guinea–Mali Electric Interconnection Project, which will evacuate power from both countries’ hydropower plants (HPPs) and provide millions of people in West Africa with access to clean and affordable energy.

 

EIB will provide EUR170 million (in the form a 25-year loan) for the 225 kV Linsan–Fomi transmission line, which is part of the EUR300 million total support provided for the PIEGM. Further, the EU will grant EUR30 million under its External Investment Plan.

 

The EIB, EU, World Bank, African Development Bank (AfDB), West African Development Bank and the ECOWAS Bank for Investment and Development are jointly funding the PIGEM.

 

The 340-km-long transmission line in Guinea will pass through Linsan (Labé region) and Fomi (Kankan region) substations, and will link the Kaléta and Souapiti HPPs (total capacity of 690 MW) and other facilities, to the West African Power Pool (WAPP), including the Cote d’Ivoire–Liberia–Sierra Leone–Guinea (CLSG) interconnection project.

 

Overall, PIGEM involves the construction of a 714-km-long, 225 kV transmission line between Guinea and Mali, of which 590 km is in Guinea and 124 km in Mali. The project entails the construction of the 225 kV interconnection from N’zérékoré (Guinea) to Sanankoroba (Mali) and five substations in Guinea (Fomi, Beyla, Kankan, Kerouane, Siguiri); and the extension of one substation in N’Zérékoré (Guinea) [planned to be built under the CLSG project] and one substation in Sanankoroba (Mali).

 

(EUR1=USD1.21)