The Korea Electric Power Company (KEPCO) engaged K&M to provide technical and commercial advice for the development of a 250 MW coal-fired power plant in Senegal. K&M performed a comprehensive review of the Power Purchase Agreement which included evaluating contract provisions for construction, operations and maintenance, fuel supply, purchase and sale of energy and capacity, design vulnerabilities, and the suitability of the tariff structure. K&M also reviewed assumptions in the plant’s financial projections. In assessing the suitability and reasonableness of the plant’s tariff structure, K&M also analyzed electricity tariffs for similar thermal power plants in Senegal, Morocco, and Chile, and for the Ruzizi III Hydropower plant in Rwanda/DRC/Burundi. K&M modeled the tariffs of these comparable plants against the tariff of the Sendou II plant to assess the cost-competitiveness of the Sendou II plant under different operating scenarios.