Brief Description of Project
Development, BOO + F (Build, Own, Operate plus Finance) 120MW hybrid (50MW Solar + 70MW Hydro) power plant in Guinea. Project includes transmission line and 25-year Power Purchase Agreement.
Scope of work:
Development Stage
- Initial agreement with off-taker – Convention
- Land Acquisition
- Feasibility and grid impact study
- Environmental and Social Impact study
- Power Purchase Agreement
- Project finance
EPC Stage
- Engineering Design, Equipment Selection, Factory Acceptance Testing, Site Acceptance Testing, Project supervision
- Procurement and construction of 50MW PV plant, complete with all civil and electrical works
- Procurement and construction of 70MW Hydro power plant, complete with all civil, mechanical and electrical works
- Testing and commissioning, going live
Operation and Maintenance Stage
- System operation including remote monitoring
- Scheduled and breakdown maintenance
Project budget – $300m
Fortune CP role – Co-developer and Engineering
Stage of development – Financing stage