Algeria to spend $11bn on power plants by 2018
Algeria’s state-run
power utility plans to spend at least 8 billion euros on the
construction of 10 power plants by 2018, the official APS news agency
reported on Tuesday.
By 2015,three of
the 10 power plants are expected to add 5,200 megawatts to the oil- and
gas-exporting nation’s installed power capacity, which presently stands
at 10,900 MW,APS said, quoting Sonelgaz’s top executive, Abdelali
Badache.
Mr Badache did not
give details on the power generation capacity from the remaining plants
but said a tender had been launched for the addition of 2,800 MW
through the upgrade of existing units over the period 2013-2015.
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