Aggreko signs largest-ever
gas-fuelled temporary power contract in Côte d’Ivoire
Aggreko plc, the global
leader in the provision of temporary power and temperature control
services, has signed a contract with the national utility company
of Côte d’Ivoire to provide 70 MW of temporary power fuelled by
natural gas to support the country’s national grid for the next two
years. The estimated value of the contract is around €35
million.
The contract, awarded by
the Société de Gestion du Patrimoine
du Secteur de l'Electricité (SOGEPE) and the Société
d'Opération Ivoirienne d'Electricité (SOPIE), will help alleviate power cuts and
stabilise the national power grid, following recent plant
breakdowns. Given the urgency of the requirement, Aggreko will
begin mobilising equipment to Côte d’Ivoire as soon as the usual
contractual protections and guarantees have been put in place, and
expects to have the power plant operational in May. Once
commissioned, the plant will run continuously, providing power to
the national grid on a 24 x 7 basis.
This is the first
contract Aggreko has been awarded in Côte d’Ivoire, and will be
Aggreko’s largest gas-fuelled project. The Company has over a
decade of experience in Africa where it is currently supplying over
1,000 MW of power across 17 countries.
Rupert Soames, Chief
Executive of Aggreko, said: “Four years ago we started investing in
gas-fuelled power generation and we now have a fleet of over 250
MW. Gas is a cleaner, and often cheaper, fuel than diesel,
but historically gas plants have taken many months to
construct. Due to our investment in designing and packaging
standardised power plants, we are proving that it is possible to
provide cost-effective utility-scale gas power solutions in a
matter of weeks.”