(Ecofin Agency) - Israeli-Ivoirian firm Star Energie and Chinese firm China Energy Engineering Corporation (CEEC) signed on August 20, 2016 in Beijing, an agreement to produce power in Cote d’Ivoire. The agreement foresees the construction of a 372 MW combined cycle thermal plant at Songon, in the suburb of Abidjan.
The plant will mainly have two combustion turbines and a vapor turbine. This will cost €367 million ($415.4 million).
Construction of the plant is expected to start in the last quarter of 2016 and end in 2018.
Moreover, 800 direct jobs and 3,000 indirect jobs are expected to be created during the plant’s construction. During operation, 80 people will permanently work at the plant.
It should be noted that the power production agreement perfectly falls in line with the government’s ambition to significantly boost power output. It aims to add about 2,000 MW to its production to 4,000 MW by 2020, for an estimated investment of $20bn.
KB