London, Dec. 20, 2019 (AltAfrica)-Algerian National Electric Company, Sonelgaz, has announced plans to build additional 20,000MW power plant over the next ten years. 

“Today we have a generation fleet totalling an installed capacity of 21,000 MW. But to meet the additional demand expected, we must build a park equivalent to that in the space of 10 years, ” said Chaher Boulakhras, the group’s CEO.

READ ALSO: SCOTTISH-NIGERIAN ACTRESS, BRIDGET JOHN SPEAKS ON HER ROLE IN HOLLYWOOD NEW FILM. JUMANJI: THE NEXT LEVEL

The construction of the park will be done simultaneously with the development of local capacities and an Algerian industry capable of producing energy equipment and technologies. 

The long-term objective is to be able to lead to a local subcontracting industry which allows the maintenance of infrastructure and the manufacture of spare parts, among others, to local companies.

“The objective is the implementation of a series of industrial projects based on the development of local resources and the comparative advantages enjoyed by our country,” said the official.

Ultimately, the company aims to put an end to the completion of “turnkey” projects, by breaking down complex works into batches that promote the local manufacture of certain components and the emergence of small businesses and subcontracting companies .

Five industrial partnerships have also been concluded with General Electric, Vujai Electricals, BHI, Sediver and Hyundai, with which Daewoo has joined, as part of this national integration.

Source: Agence Ecofin