NEWS

LENDERS AND THEIR TECHNICAL ADVISORS VISIT THE PROJECT

Gisagara, 13th December 2017 The HQ Power Project Lenders; AFC, TDB, BRD and Finnfund together with the Lenders Technical Advisors visited the Project’s construction site.The visit took Place at Gisagara District, Mamba Sector, Kabumbwe Cell where the Project Construction is located. After the induction for the...

DONATES TO GENOCIDE SURVIVORS

Gisagara, 1th June 2017  The Chief Executive Officer of HQ Power Rwanda Ltd, with the HQ Power Rwanda Ltd staff members, paid tributes to the victims of the 1994 Genocide against the Tutsi at a memorial which is the final resting place for more than...

GROUND BREAKING CEREMONY

Gisagara, 9thMay 2017 The launching took place in Gisagara District on this Tuesday, 9th May 2017 where the Minister of Infrastructure, Honorable James Musoni together with other Officials and various partners on the project broke the ground at the construction site in Mamba Sector alongside Akanyaru...

Reaching Financial Close

YUMN Ltd. is pleased to announce that it has achieved Financial Close as of 31 January 2017. Achievement of Financial Close constitutes an important milestone to start construction of the Project. The construction will start by early March 2017 and is expected to take circa...

Signing in Rwanda

On November 2016, security documents have been signed. Registration process for each finance and security documents was undertaken. This signature is one of the latest milestone to reach the financing close. ...

POWER PURCHASE AGREEMENT

On Feb 10, 2016, Amendment and Restatement Deeds for Power Purchase Agreement, Concession Agreement and Government Guarantee have been signed. This signature represents an important milestone towards closing the financial agreements with the Lenders. ...

ACCESS ROAD UPGRADE KICK-OFF

On March 23rd, the Rwanda Transport Development Agency (RTDA) launched the upgrade of the 30km long Save-Mamba road. This piece of infrastructure is crucial for the timely implementation of the HQ Power project since it will constitute the main access to the power plant site,...

MEMORANDUM OF UNDERSTANDING FOR THE CONSTRUCTION

The Project Company, YUMN LTD, executed with Shapoorji-Palonji Group (SP Group) a memorandum of understanding for the construction of the power plant on a turnkey EPC basis.SP Group is a 150 years old Indian conglomerate with a wide range of services ranging from construction to...