ANNOUNCEMENT 18 Jan 2017

In January 2017, the Swiss Export Risk Insurance (SERV) announced its support of an export project concerning the rehabilitation of four Francis turbines (11 MW) of the MWADINGUSHA hydro electrical power plant in Congo.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 18 Jan 2017 | Removal date: open ended
Still in force

Trade finance

The project value is 28 million CHF (28 million USD) and it finances the rehabilitation of four Francis turbines (11 MW) of the MWADINGUSHA hydro electrical power plant by ANDRITZ HYDRO SA, Vevey.

The maturity of the loan will be shorter than two years. The SERV differentiates between nine categories of fiancial support. The present project is a pre-shipment risk insurance (category P).

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A