Electricity

Benin: British Genesis to install 360 MW of gas-fueled power plants

Wednesday, 09 December 2015 08:12

Genesis Electricity Ltd signed with Benin an agreement for the implementation of 360 MW of gas-fueled power plants out of which 120 MW to be installed in the initial phase.

Valued at $190 million, it will be financed by the firm and its output will be purchased by government. Once completed, the project will constitute more than 30% of the country’s capacity. This output will directly be transferred to national grid and distributed by Société Nationale d’Energie Electrique (SBEE), the local power provider.

Concerning the establishment of plants, Genesis will be working with General Electric, Cummins Co-Gen Uk and Engro Corporation.

With this project, Benin will have access to a reliable, clean and affordable energy source. It is part of our greater scheme to electrify all Africa, community after community”, said Genesis’ CEO, Akinwole Omoboriowo, during signing of agreement. The firm plans to train locals who will then be able to participate to the implementation of infrastructures.

Gwladys Johnson

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

Benjamin FLAUX
bf@agenceecofin.com 
Téls: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.