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FEA Details The $1.5bn Renewable Energy Projects

The Fiji Electricity Authority has revealed a number of hydro projects for which it is working to get a feasibility study done. This could all cost in excess of FJ$1.5
11 Apr 2015 08:38
FEA Details The $1.5bn Renewable Energy Projects
Fiji Electricity Authority chief executive, Hasmukh Patel, at the Renewable Energy Investment Forum at the Holiday Inn Suva this week. Photo: DEPTFO NEWS

The Fiji Electricity Authority has revealed a number of hydro projects for which it is working to get a feasibility study done. This could all cost in excess of FJ$1.5 billion. But, to carry out these renewable energy projects, the authority is looking for private-public partnerships.

Authority chief executive, Hasmukh Patel, highlighted this to the participants of the Renewable Energy Investor Forum this week.

These moves are all geared towards equipping the nation towards using 80 per cent renewable energy by the year 2025.

Western Division

One project the authority is looking at is the lower Ba Hydro Development Project.

This is a combination of three schemes on the Ba River after the Nadarivatu Hydro Scheme.

The estimated cost of this is US$324 million (FJ$664 million) which includes three hydro stations and transmission connection.

Mr Patel revealed the authority is currently talking to European Investment Bank.

This, he said, was to provide a grant to engage a contractor to carry out preliminary investigation and geotechnical drilling to firm up the feasibility.

“Agreements with the European Investment Bank will be in place by May and work packages will be released by year end,” he said.

“Development will be ready for construction by 2017. Investment funding is not clear at this stage but the FEA would put out and Expression of Interest for this development.”

The potential output from this project would be 49MW and Generation would be 214GWh.

Upper Wailoa Diversion

The other such project is the Qaliwana Upper Wailoa Diversion Hydro Project.

The estimated cost of this project is US$265 million (FJ$543 million) which includes hydropower and transmission connection.

Mr Patel said currently, FEA has an exclusivity arrangement with Hawkins Infrastructure Limited of New Zealand.

He said they have been engaged to carry out preliminary investigation and geotechnical drilling to firm up the feasibility and invite financial partners to undertake the development.

“Commercial talks are in the pipeline and exclusivity period ends in March 2015,” Mr Patel said.

He told the participants that investor interest has to be channelled to Hawkins.

The potential output of this would be 44MW and generation of 206GWh.

Central Division

The Japan International Cooperation Agency (JICA) study findings highlighted potential in Waivaka.

Mr Patel said the estimated cost of the project is US$88.7 million (FJ$184 million) which includes hydropower and transmission.

“FEA has requested the line Ministry to approach JICA for a grant to carry out preliminary investigation and geotechnical drilling to firm up on feasibility,” he said.

The potential output of this would be 32MW and generation of 67.6GWh.

Northern Division

And the last option being explored is Wailevu in the Northern Division.

The estimated cost for this is US$75.1 million (FJ$155.5 million) which includes hydropower and transmission.

The potential output of this would be 4MW + 13MW and generation of 8,783MWh + 49,296MWh.

Feedback:  rachnal@fijisun.com.fj

 




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