Massive African contract win for Aggreko

Aggreko has signed a power rental agreement with Electricidade de Moçambique (EDM), the Mozambique power utility, and NamPower, the Namibian power utility, to provide 122 MW of gas-fuelled power from the Aggreko interim power plant located at Gigawatt Park at Ressano Garcia, Mozambique.

The total value of the project is likely to be more than US$200 million, including fuel costs.

EDM will use 32 MW itself and has authorised the direct supply of up to 90 MW of power by Aggreko to NamPower.

Aggreko built the facility at Ressano Garcia in 2012, making it the first cross-border, interim power provider to the Southern African Power Pool (SAPP). The plant started power production in July 2012 to supply 110 MW of power to EDM and the South African utility ESKOM.

The new 122 MW plant is scheduled to go into production in the second quarter of 2013 and will supply power for a minimum of two years.

"This new project will make Ressano Garcia the world's largest cross-border interim power plant, with over 232 MW of gas-fuelled power generation", said Rupert Soames, Aggreko's chief executive.

"It underlines the immense potential of the Southern African Power Pool to be a real conduit of cooperation and development among the countries of Southern Africa. The fact that three national utilities are collaborating to support each other's energy requirements is testament to the benefit of working together for the common good".