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CONTOURGLOBAL HYDRO CASCADE CJSC

The project supports Contour Global’s acquisition and an important rehabilitation program for the next 6 years of the Vorotan hydro complex. Vorotan includes three hydropower plants and contributes to around 15 percent of the country’s electricity generation: these hydros also provide for important grid stability services.
Details of financing scheme: The official amount contributed is 65M USD.

Theme:

  • Renewables
  • Sustainable energy

Type of cooperation:

  • Infrastructure Development

Beneficiary country:

Start date: 
2016
Amount of support (M€): 
55.0
Loan or Grant: 
Grant
Further funds (M€): 
N/A
Project URL: 
https://www.fmo.nl/project-detail/50741

Sponsoring Agency or Donor: