Global energy technology company Siemens AG has signed a Memorandum of Understanding (MoU) with the Republic of Madagascar to ensure energy security through increasing the country’s energy generation capacity.
The two parties will jointly identify and implement a framework to fast track energy generation under efforts to add an additional 300MW capacity by 2019.
The agreement was reached in partnership with engineering firm TSK, which will research viable options to improve efficiency, operation and sustainability of the electricity sector.
The MoU includes cooperation on developing, testing and implementing financing models to ensure the long-term sustainability of energy infrastructure and business models.
The government of Madagascar, Siemens and TSK will work together in job creation and improving knowledge amongst workforce within the country’s energy sector.
“The primary goal of this agreement is to increase national power generating capacity and to connect the local population to the power grid. A reliable and extensive power supply system is the fundamental prerequisite for economic growth, says Sabine Dall’Omo,” Siemens CEO for Southern and Eastern Africa.
“Improving the country’s energy mix will strengthen the well-established agriculture and mining industry and emerging tourism, textile industries.”
To date, only 20% of the country’s total population has access to electricity. Madagascar has 676MW of installed generation capacity .
One of the short-term initiatives is the installation of a Siemens 44-megawatt aero-derivative gas turbine (SGT-A45) for mobile power generation in Antananarivo. The solutions provider claims the installation of the gas turbine is achievable within two-weeks.
Source: Asoko Insight