CHINA ENERGY ENGINEERING CORPORATION LIMITED By Emmanuel Tumanjong
Special to Dow Jones Newswires
The government of Ivory Coast has awarded China Energy Engineering Corp. a contract to build a biomass energy plant that will help lift the West African nation's power supply by 42% by the year 2030, the country's ministry of energy said Monday.
The agreement was signed by officials of state-run Biovea Energy and CEEC.
The power plant will cost 232 million euros ($235.7 million) and will produce 46 megawatts of energy for at least 1.7 million Ivorians, the country's government said.
The plant will be located in Aboisso, about 60 miles from the commercial capital Abidjan. Two-thirds of the raw material to feed it will come from an estimated 450,000 tons of palm waste.
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(END) Dow Jones Newswires
08-16-22 0856ET
