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Electricity

Tunisia: Mitsubishi Hitachi Power to build 450 MW power plant in Radès

Tuesday, 20 June 2017 21:17

(Ecofin Agency) - The Société Tunisienne d’Electricité et de Gaz (STEG) signed with Japanese firm Mitsubishi Hitachi Power, an agreement to build a 450MW power plant in Radès.

The infrastructure comes to replace a previous plant established in the region since 1980. The new plant will be located close to the old one and will be commissioned in two stages, the first in 2019 and the second in 2020.

The project which is estimated to cost 800 million Tunisian dinars (nearly $325 million) will be funded by the Japan International Cooperation Agency (JICA).

While 2,000 jobs will be created during the construction of the plant, 150 permanent jobs will be generated after its commissioning.

Present at the signing ceremony of the agreement was Hela Cheikhrouhou, Tunisia’s minister of energy.

 
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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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