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The Timelines

16 Dec 2015
Project Initiation

Project approval date

Q3 2019
Signature Date

Project Agreements Signed

Q3 2019
Signature Date

Project Agreements Signed

Q2 2024
EPC Tender

Launch of Main Construction Contract (EPC) Request for Proposal

Q1 2026
Contractor Selection

EPC Contractor Selection

Q2 2026
Financial Close

Financial Closing

Q2 2026
Construction Date

Construction Commencement

Q3 2030
Operation

Project Operation

Ruzizi III Energy Limited (REL) is a special purpose vehicle that has been established and registered in Rwanda to develop the Ruzizi III Regional Hydroelectric project (Project). It is a key development project and will be one of the largest infrastructure projects in the region comprising Rwanda, Burundi, and eastern DR Congo. It is the first privately financed project in sub-Saharan Africa that will utilise a common regional water resource to generate power that will be shared equally between three countries.

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