2. SUMMARY Introduction VUNA POWA Ltd Overview of African Power Sector POWA concept Objectives and business plan Action plan and cash flow needs 2 POWA presentation
4. VUNA POWA LtdManagement Jean-Pierre SANCHIS C.E.O Specialist in Company Management, supply chain management & organization HYDELEC MADAGASCAR Jacques PARADIS Technical manager Specialist in electricity production and distribution HYDRO QUEBEC JIRAMA 4 POWA presentation
5. OVERVIEW of sub-SAHARAN AFRICAPOWER SECTOR Today only 10 % of Africans have access to electricity Uneven distribution of electricity with concentration in a few countries Lowest annual per capita consumption in the world Thermal production gives a non acceptable price for majority of population 5 POWA presentation
6. OVERVIEW of SSA POWER SECTORAssumptions There is a strong correlation between energy consumption and economic growth Access to modern energy services directly contributes to economic growth and poverty reduction Electricity is essential for the provision of basic social services and also for powering machines that support income generating activities which tend to reduce poverty (MDG) 6 POWA presentation
7. HYDROPOWER IN SSA Total installed capacity in Africa is about 20.3GW / generation 76 000 GWh / year Gross theoretical hydropower potential of about 4 000 000 GWh/ Year Energy derived from moving water is environmentally benign as compared to that obtained from burning fossil fuels – Emission of greenhouse gases 7 POWA presentation
9. SMALL HYDRO POWER(SHP) Electricity generation through SHP is gaining owing to: Short gestation period Low investment, low ongoing operational and maintenance costs Low environmental impact SHP represents in SSA the highest density of resources SHP plays a dominant role in rural renewable energy markets SSA has one of the lowest SHP installed capacities despite the enormous potential 9 POWA presentation
10. POWA CONCEPT Develop SHP in SSA – Size between 1 to 20 MW Secures investments by spread off the risks on several countries (some MIGA insurance) To provide a full package including financing, studies, construction and operation in BOT (CC and PPA for 30 years) Sale of the energy to the local electricity company or if necessary assume the distribution in the area of construction 10 POWA presentation