11 billion for the rehabilitation of Song Loulou dam

The n ° 2 amendment of the concession framework contract between the State of Cameroon and Eneo Cameroon S.A indicates a number of important points detailed and formalised by the electricity sector in Cameroon.

Inter alia, it involves the commitment of Eneo to drive some emergency work on the Song Loulou Dam for an amount of 11 billion F. This is under the supervision of a joint technical Committee.

Other points raised in the endorsement are the establishment of a Committee to monitor the transfer of storage dams for Electricity Development Corporation (EDC) and the transfer of the transport activity and management of the transport network.

The contract includes also the adoption of the principle for the establishment of new standards of quality of service as well as the adoption of the principle of multi-year tariff readjustment, the possibility for Eneo to select from new independent producers of electricity, the determination of the objectives of connecting by region to be included in the annual Eneo business plan, etc.

These agreements were revealed by the water and Energy Minister, Basile Atangana Kouna, Friday in Yaoundé. It was during the ceremony for the signing of the contract between the State of Cameroon, represented by the ministries of energy and finance, and secondly, by the Director general of Eneo Cameroon S.A.

Basile Atangana Kouna expressed the wish that all the authorities concerned in this program put themselves at work "so that the requirements contained in this document are carried out in a timely manner", stating that his Department will deploy all means to enforce the commitments of the parties contained in this contract.

This concession contract according to the MINEE, results from the culmination of a long process which started with the signing of a framework contract of concession and licence in the operation of several parts of the electricity sector.