Fenaka Corporation has contracted China’s Dongfeng Electric International to develop a 30-megawatt power plant in Addu City.
The utility provider’s Managing Director Muaz Mohamed Rasheed said the initiative aims to solve the southern-most city’s electricity shortage issues.
Muaz added that the new power plant will permanently fix the city’s electrical issues for the next 25 years. He said, “Addu City’s electricity issues will be permanently fixed with this new plant, which we intend to develop through various phases.”
Fenaka said under the first phase, the contractor will install two 9.8-megawatt generator-set and two more 5.8-megawatt generator-set. The plan is to increase the output up to 50-megawatt eventually.
“The project will facilitate electricity services to the adjoined islands of Addu City, it would also provide the service to Hulhudhoo and Meedhoo once the islands are connected to the mainland via a bridge,” Muaz added.
The power plant initiative is contractor-financed, granting Fenaka Corporation 12 years to repay the project value.
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