Baomahun Hybrid Power Station
Hybrid power station in Sierra Leone
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- 3 chapters
Related on Lably
Through Kenya and Build–operate–transfer
Location
The power station would be located on the premises of Baomahun Gold Mine, located on 124.27 square kilometres (47.98 mi2) of real estate, just north of the town of Baomahun, Sierra Leone. Baomahun is located in Bo District in the country's Southern Province, approximately 285 kilometres (177 mi) east of Freetown, the capital and largest city in that country.
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Overview
FG Gold Limited is constructing a gold mine near Baomahun, Sierra Leone. The mine is expected to yield 147,000 ounces per year, peaking at 234,000 ounces, over a 12.5-year mine life. The mine is expected to produce 5.81 million ounces over its lifespan. It is projected to be the country's largest gold mine.
To power the mine's operations, FG Gold Limited signed a 20-year power purchase agreement with CrossBoundary Energy to build this hybrid power plant under the build–own–operate–transfer (BOOT) arrangement.
Construction timeline and costs
The gold mine and the hybrid power station are expected to commence construction in 2024 and reach commercial commissioning in 2025. All the construction costs for the power station are to be incurred by CrossBoundary Energy.