Summary

A cross-border bulk electricity sale from ECG to Communauté Électrique du Bénin (CEB), supplying five delivery points in the Volta Region at a contracted 2 MW, under a 5-year agreement signed 19 August 2011. The energy charge is a flat PURC-approved tariff of 20.0 US cents/kWh plus a flat monthly service charge per delivery point; no capacity-charge rate or take-or-pay obligation is specified in the agreement. Note: ECG is the seller in this contract, not the offtaker, unlike the other 12.

Key terms

Offtaker

Communauté Électrique du Bénin (CEB)

Signing date

2011-08-19

Financial close

—

Commercial operation

2010-10-28

Contract end

2016-08-19

Contract duration

5 years

Contract status

Active

Tariff structure

Capacity + Energy

Capacity charge

—

Energy charge

—

Key risk features

None listed

Indexation formula

No automatic escalation formula in the tariff. The stated energy rate (20.0 US cents/kWh) is pegged to the PURC SLT-HV tariff 'as at June 2010'; clause 11.6 allows Seller-initiated rate change proposals for cost reasons, periodic re-review in line with PURC's own tariff reviews, and mandatory review if demand exceeds 2,500 kW.