Nachtigal: NHPC’s projected bill nears CFAF 200 billion in 2027 as “take or pay” terms remain unclear

Nachtigal Hydro Power Company’s (NHPC) “take or pay” bill is projected at CFAF 196.16 billion in 2027, according to a report from budget-planning conferences held from September 1 to 14, 2026. Reviewers have asked the Ministry of Water and Energy to clarify the financial obligations under its electricity purchase agreement with NHPC, including annual amounts, their inclusion in the medium-term expenditure framework, and how invoices are transmitted and approved. They say the detailed account already provided by the ministry is insufficient. The report does not establish what share of the projection would ultimately be borne by the state rather than the distributor.