found itself being used at a mere third of capacity. Furthermore, the structure itself has been degraded as local peoples have used its metal bars for a variety of domestic needs. Current dams The two hydroelectric dams, Inga I and Inga II, currently operate at a low output. Inga I has a total installed capacity of 351 MW and Inga II has 1424 MW. They were built under former president Mobutu Sese Seko as part of the Inga–Shaba project. Rehabilitation The DRC has faced the problem of rehabilitating the two existing dams, which have fallen into disrepair and operate far below original capacity at roughly 40%, or just over 700 MW combined. In May 2001 Siemens was reportedly negotiating with the government over a billion-dollar partnership that would involve restoration and modernization of the DRC's electrical grid, including the rehabilitation of the two existing Inga power plants, though work was delayed. In mid-2003 there was also a report that the World Bank had signed a $450 million contract with Siemens to improve water and electrical distribution in the DRC, including rehabilitation of the two Inga projects (reported at the time to be at 30% capacity) and a second electrical line from Inga to the capital. It is unclear what transpired concerning these contracts. Separately in May 2005 the Canadian company MagEnergy signed an agreement with SNEL to rehabilitate some of Inga II's turbines, with a completion goal of 2009. Actual work to rehabilitate Inga II finally began 27 April 2006, just under a year after the initial agreement with MagEnergy was signed. This first phase, which involved fixing a single 168 MW turbine and other emergency repair work, was reported 90% complete in April 2009, and the second phase (four other turbines) was estimated to take five additional years. However, there is doubt over whether the government accepts the validity of the contract, and in the meantime the Canadian company First Quantum was hired to rehabilitate two separate Inga II turbines. To carry out the repairs, the SNEL has received funding from the Regional and Domestic Power Markets Development Project, which is itself supported by the World Bank, African Development Bank, and European Investment Bank. In August 2021, media reports indicated that Société Nationale d'Électricité (Snel), the national electricity company of the Democratic Republic of the Congo and Ivanhoe Mines Energy DRC, a subsidiary of the Canadian mining conglomerate, Ivanhoe