Ivory Coast sanctions new power projects
Ivory Coast has formally approved a tranche of power projects, including the 470 MW Taboth plant, led by Genser Energy, as it seeks to bolster national energy supplies
The various projects were approved at a 5th August Council of Ministers meeting in Abidjan, chaired by Ivorian president Alassane Ouattara.
The list includes a concession agreement for the Taboth project, comprising the design, financing, construction, full ownership, operation, maintenance and transfer of ownership for a 470 MW combined cycle power plant.
Headquartered in Washington, D.C., Genser Energy is an independent, private energy firm with operations across West Africa.
The project is in addition to the Atinkou 390 MW gas power project — also known as CIPREL V — located in Taboth village, Jacqueville, which is now fully operational.
Separately, Ivorian officials signed off a decree for the provision of rental and operation services of a 225 MW floating electricity production unit in Abidjan.
An agreement for the provision of services for the rental and operation of a modular thermal power plant, with a cumulative capacity of 40 MW, in Attakro and Abrobakro, was also approved by officials.
Few details were provided on these projects, though a statement issued by the Presidency, flagged “the POWER 32 Convention on a combined cycle thermal power plant of about 225 MW” and “the PIPS Convention on a modular thermal power plant of 40 MW.”
The trio of projects reflect moves to lift generation capacity in the West African country in response to demand; together, the plans and projects bring a cumulative 735 MW of power generating capacity.
“As part of the government’s electricity generation fleet development policy, private operators have been encouraged to submit offers for the financing, design, construction, operation and maintenance of new production units and related infrastructure, in order to meet the strong growth in energy demand observed in recent years,” the official statement noted.
Heavy investment is also going into the country’s transmission and distribution infrastructure.
In May, the African Development Bank and Islamic Development Bank approved almost €20mn in funding to extend electricity access to more than 100,000 households and improve service delivery across 18 regions.
Abidjan has an ambition to achieve universal access to electricity by 2030.
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