Volobe HPP is a 120MW hydro power project. It is planned on Ivondro river/basin in Atsinanana, Madagascar. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2023.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Hydropower | 120 | – | 120 | Permitting | Atsinanana, Madagascar | Jovena; SN Power |
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Description
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The project is being developed by Jovena and SN Power. Jovena, SN Power, Africa50 Infrastructure Fund and Colas are currently owning the project having ownership stake of 40%, 25%, 25% and 10% respectively.
Volobe HPP is a run-of-river project. The gross head of the project will be 136m. The project is expected to generate 750 GWh of electricity. The project cost is expected to be around $371.72m.
Development Status
Post completion of the construction, the project is expected to get commissioned in 2023.
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By GlobalDataContractors Involved
Andritz Hydro will be the turbine supplier for the hydro power project. The company is expected to provide 6 units of francis turbines, each with 20MW nameplate capacity.
About SN Power
SN Power AS (SN Power), a subsidiary of Norfund, is a hydropower company that acquires, develops, builds, and operates hydropower assets. The company also develops and generates wind power, gas power, and district heating, and hydropower projects by implementing domestic measures to curb emissions of greenhouse gases such as CO2. It offers risk management services, which include risk mitigation, internal audits, and balancing services. SN Power invests in clean and renewable energy projects on commercial basis. It also generates hydropower in the Philippines, Nepal, India, Chile, Brazil, Sri Lanka, and Peru. The company has operations in Thailand, Zambia, the Netherlands and Panama. SN Power is headquartered in Oslo City, Oslo, Norway.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
