Power Projects
R haj
http://allafrica.com/stories/201508141583.html
Africa: Power Projects Take Time But Access to Electricity is Spreading – Paul Hinks
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Our latest venture is in Madagascar , an island of 22 million people in the Indian Ocean. During the course of the last year, since the new democratically elected government came into power, we have been working hard at this investment studying Madagascar and looking at what we can do to help them save money, and create a business for Symbion. Madagascar has over 100 power sites and no national grid at all - and the country is bigger than France. Can you believe that? And most of those sites run on diesel or heavy fuel oil (HFO).
The cost to this Island nation is mind blowing, and it has been like that for decades. What Symbion has done is to complete for them some studies, and we have made a proposal to implement a program to reduce the reliance on diesel-fired power across the island. We signed a protocol with the government - actually with the Presidency - to develop seven power plants over a three-year period. Three of them are biomass - we are going to grow bamboo - each one is 5 megawatts in different areas. We need about 3000 acres to grow the bamboo for each plant, and we are going to be buying biomass for a given price with newly created bamboo farmers producing and delivering the bamboo pellets that we will burn in our boilers. Each plant will have this large feedstock supply chain that will create jobs for literally thousands of people. It will also produce cheap electricity - and it's renewable. The President of Madagascar and the power utility JIRAMA are keen to see job creation, so these small plants will be a great stimulant for the economies of rural areas.
We also have an agreement to build a nine-megawatts solar plant, photovoltaic solar. The other projects that we are involved in - one is a heavy fuel oil plant at a place called Tsimiroro. There is a company there that is extracting heavy fuel oil from the rocks by injecting steam into them. It's called Madagascar Oil.
Power for Antananarivo [the capital] is all diesel and heavy fuel oil at the moment. You can imagine the huge cost. So we are going to build a 116-megawatts power plant at the oilfield and then build a transmission line of approximately 300 km to Antananarivo. The oil that we will buy locally is a lot cheaper than the oil that is now being imported. We will provide the power utility JIRAMA with a good tariff, which benefits the country and the people.
On July 29 we signed a Power Purchase Agreement (PPA) to invest in the 40MW Mandroseza power plant in Antananarivo. The plant is in poor condition although it is only about seven years old, it's producing only 5MW. JIRAMA has signed a PPA with Symbion for a tenure of 20 years where we will rehabilitate the plant and operate it at the full 40MW.
When the news of the Mandroseza deal was announced there was some concern that the government was privatizing JIRAMA and that jobs will be lost, and there were reports in the local media about possible industrial action. But in fact that's not the case at all. It is the complete opposite. There will actually be many new jobs created and the the utility is not being privatized. We are purely giving support to the utility and to the Malagasy people. The power is not going to cost much, and less than it does today. Most of the unions now understand that the deal that Symbion has done is supportive of both JIRAMA and its staff in a country that has very little electrification and chronic power shedding.
We are very optimistic about Madagascar. I have been all over the country, and it's an amazing place with incredible, unique biodiversity found nowhere else in the world. With the level of political stability that we are seeing now, we will certainly see lots of investment going into Madagascar next year from both the donors and from the private sector. Later this year Madagascar will likely receive a credit facility from the International Monetary Fund, which will be the catalyst for these new investments. It's all such good news for a country that has suffered from political turmoil in the past. The new government is doing a great job and this has been the reason we have chosen to invest on such a large scale there.
H
Date: Sat, 15 Aug 2015 18:00:44 +0000
Subject: Google Alert - madagascar
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Power Projects Take Time But Access to Electricity is Spreading – Paul Hinks Madagascar has over 100 power sites and no national grid at all - and the country is bigger than France. Can you believe that? And most of those sites ...
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R haj
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From: serasera...@yahoogroupes.fr
Date: Sun, 16 Aug 2015 23:32:59 +0000
Subject: Fw: [serasera] Power Projects
Guy Andriam
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From: serasera...@yahoogroupes.fr
Date: Mon, 17 Aug 2015 09:37:50 -0400
Subject: [serasera] RE: Power Projects
R haj
From: guyan...@hotmail.com
To: rh...@hotmail.com; lcko...@yahoo.com; sera...@yahoogroupes.fr; mad...@yahoogroupes.fr; mik...@googlegroups.com
Subject: RE: [serasera] RE: Power Projects
Date: Tue, 18 Aug 2015 12:52:17 +0000