- Asokh Energie and Louetsi Hydro will develop the Ngoulmendjim (73MW) and Dibwangui (15MW) hydro power projects respectively.
- The Orรฉlo drinking water treatment and supply plant follows the memorandum of understanding signed in March 2017 by the Gabonese Republic, the FGIS and the Eranove Group.
- The projects will strengthen the supply of electricity by making it more accessible, available and sustainable plus do the same with potable water supply.
The Gabonese Strategic Investment Fund (FGIS) and the pan-African industrial group Eranove have signed a concession agreement with the government of Gabon for two hydro power projects. Part of the deal includes a water treatment plant to ensure potable water for the people of Libreville and its surrounds.
The two power purchase agreements are with companies Asokh Energie and Louetsi Hydro who will develop the Ngoulmendjim (73MW) and Dibwangui (15MW), respectively.
The signature of the concession agreement for the Orรฉlo drinking water treatment and supply plant follows the memorandum of understanding signed in March 2017 by the Gabonese Republic, the FGIS and the Eranove Group.
This contract covers the financing, design, construction, operation and maintenance of a new drinking water production unit with a production capacity of 140,000 m3 per day, located in the Estuary province.
The Orรฉlo project aims to improve the drinking water supply in Libreville and its surroundings by increasing the production capacity corresponding to the consumption of more than 600,000 people, in order to meet the ever-increasing demand of the population.
Serge Thierry Mickoto, director and general manager of the FGIS, commented: โWe are delighted with the progress of these water and electricity projects carried out as part of our consortium with the Eranove group.
โOne of the objectives of the Gabonese Economic Recovery Plan is to strengthen the supply of electricity by making it more accessible, available and sustainable. Improving water supply and the quality of these services to citizens is a significant element in the implementation of the Gabon Vision 2025 programme.โ
Marc Albรฉrola, managing director of Eranove, said: โThe signing of these three contracts is of particular importance to our Group. Firstly, it confirms the quality and depth of our partnership in Gabon with the state and the FGIS and secondly, because these three signatures confirm our Pan-African leadership in the production of drinking water and electricity.โ
Source: GBA Newsdesk
This article was originally published on ESI Africa and is republished with permission with minor editorial changes.