Cameroon's Kikot Dam Costs Surge to 1.62 Trillion CFA Amid Delays and EDF Tensions
The Kikot hydroelectric project in Cameroon now faces costs of 1.62 trillion CFA francs, nearly double the Nachtigal dam's investment. Financial closing is delayed until July 2027, with first power generation not expected before late 2032, raising concerns about the nation's energy strategy.
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The estimated cost of the Kikot hydroelectric dam has escalated to 1.62 trillion CFA francs, with financial closing now pushed to July 2027 and first power generation delayed until late 2032. Tensions between the Cameroonian government and EDF revolve around differing priorities, specifically on supply-demand balance versus investment risk mitigation.
Technical disagreements include flood discharge calculations, where ISL suggests a capacity increase to 583 MW with an additional turbine. Additionally, a 113% rise in the development budget may lead to a 4% increase in electricity tariffs. The project remains critical for national energy security, but the board advocates for exploring alternative strategies to mitigate risks.
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