Madagascar: Concession plan a tough sell for Jirama


Issue 298 - 17 Apr 2015 | 1 minute read

State water and electricity utility Jiro sy Rany Malagasy (Jirama) issued a call for expressions of interest (EoIs) on 30 March for its plan to concession the Volobé Toamasina hydroelectric and Mandroseza thermal plants for ten years, while the Ministry of Energy and Hydrocarbons issued an EoI on 10 April for a World Bank-funded contract to improve its management and prepare a medium-term investment plan.Starved of investment during the island’s political crisis, Jirama is confronted with an estimated $18m bill to maintain the Volobé and Mandroseza plants, whose malfunctioning was blamed for blackouts last year.

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