NAWEC signs $165M Project to Provide Adequate and Stable Power Supply

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The National Water and Electricity Company (NAWEC) and Sinohydro Corporation Company, a Chinese company on Friday signed 165million US Dollar project at a ceremony held at a local hotel, in Senegambia, Daily observer reported.

The project is aimed at providing a new HFO Power Plan 60MW as a medium intervention in the electricity sub-sector in order to provide adequate and stable power supply in the Greater Banjul Area and beyond and also lay the foundation for regional interconnection using OMVG energy project and the West African Power Pool.

Speaking at the signing ceremony, the minister of Energy and Petroleum Fafa Sanyang, said if the project is successfully implemented, it would have wide-ranging effects on the economy, which include increase access to electricity, stable and affordable power supply resulting to the establishment of more industries and businesses, employment creation, poverty alleviation and overall socio-economic advancement.

Minister Sanyang added that the signing ceremony sets the right precedent for fruitful partnership between NAWEC and Sinohydro that would be marked by action on the part of the parties for urgent and effective implementation of the project.

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