Platinum Power, China's CFHEC to build Morocco hydropower plant
African, Chinese companies to finance, build, and operate 108MW plant, worth $300m, in Central Morocco
Platinum Power will build a $300m hydropower plant in Central Morocco alongside China First Highway Engineering Company (CFHEC), a subsidiary of the state-owned China Communication Construction Company.
Chief executive officer of Platinum Power, Omar Belmamoun, said the company would partner with CFHEC to finance, build, and run the 108MW plant, Reuters reported.
Commenting on the project, Belmamoun wrote on his LinkedIn profile: “Happy to announce the signing of an agreement regarding the co-development, investment and the construction of hydropower projects with a world leader in infrastructure."
Among Platinum Power’s recent developments are hydropower projects with a capacity of 325MW in Morocco, 365MW in Cameroon, and 300MW in Ivory Coast, Reuters added.