Morocco's electricity supply tender was the cheapest, Senegalese president explains

Senegalese president, Abdoulaye Wade, explained on Monday that the electricity supply contract went to the Moroccan electricity office (ONE) because its offer was the cheapest one.

The head of the Senegalese state told a press conference ONE will sell one Kilowatt of electricity at 40 CFA francs while other tenders were offering a unit price of 60 CFA Francs. Answering a question on Morocco's potential participation in the privatization of SENELEC (Senegal's electricity utility), Wade explained that the tender will be international and Morocco can also make its offer.

On Saturday, ONE and SENELEC signed a protocol of intent under which ONE will operate a 60 Megawatt electricity plant in Senegal. The plant will be operational six months following the signing of the final agreements.