Power France assists Morocco to build first wind power plant
Morocco-France, Business, 10/3/1998

The Moroccan National Electricity Office (ONE) signed Friday in Paris with a French consortium a usd 53 Million deal for the construction of a 50.4 megawatt (MW) wind power plant in northern Morocco.

The plant, first of its kind in Morocco, is expected to produce about two percent of Morocco's energy needs.

Its construction will start next year and it will start operating in 1999. All generated power will be sold to state-owned National Electricity Office. In return for their construction and financing of the project, the French consortium composed of "Electricite de France," "Banque Paribas" and "engineering consultants Germa" will operate the plant for 19 years.

The Contract was sealed on the occasion of the 2nd meeting of the Moroccan-French high cooperation commission which ended works Friday in Paris with the conclusion of a package of partnership accords.

The contract is part of Morocco's strategy to achieve self-sufficiency in energy before the turn of the century.

Last year, Morocco signed a usd 620 million deal with an International Consortium for the construction of a 1,630 megawat power plant in Al Jadida suburbs the produce more than half of the country's power needs.

Previous Stories:
  Lydec public utility firm to invest over $82 million in Moroccan water grid   (9/23/1998)
  Moroccan officials outline Morocco's economic and political reforms   (7/2/1998)
  Electricity cooperation between Morocco and Spain   (3/5/1998)

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