Who financed 30MW solar project in Lesotho?

A Chinese based contractor SINOMA-TBEA Consortium has been engaged to construct the 30MW solar project. The project is under the direct supervision of Lesotho Electricity Generation Company (LEGCO). Phase I (30MW) of the project is financed by a soft loan from EXIM Bank of China with total contribution of USD 70.188 million.

How much does Lesotho government contribute to solar power project?

Lesotho Government Contribution to this project is estimated at M220 million which will cover the costs of land compensations valued around M57 million, Tax obligations as well as operating costs of Lesotho Electricity Generation Company (LEGCO). The government is implementing 70MW solar electricity generation project at Ramarothole in Mafeteng.

What is ramarothole solar power project in Lesotho?

The project will be under the direct supervision of Lesotho Electricity Generation Company (LEGCO). The 70MW Ramarothole solar power project is planned to be implemented and built in two phases: Phase I: 30MWp with construction period of 18 months and Phase II: 40MWp to be completed in 2030.

Who is onepower Lesotho 1pwr?

Khotso! Welcome to OnePower Lesotho 1PWR is a fast-growing startup based in Lesotho whose mission is to provide affordable and reliable electricity services to off-grid villages, giving families, schools, health clinics, and local businesses the resources needed to grow and thrive.

When will ramarothole solar power project be completed?

The 70MW Ramarothole solar power project is planned to be implemented and built in two phases: Phase I: 30MWp with construction period of 18 months and Phase II: 40MWp to be completed in 2030. The country is currently implementing Phase I of the project which is envisaged to be completed in 2023.