Madagascar: HFO plant commissioned

Turkey’s Aksa Energy officially commissioned a heavy fuel oil (HFO) plant at a ceremony on 7 November. The plant was developed by Aksaf Power Ltd, owned 58.35% by Aksa and 41.65% by a local partner. The power plant is expected to produce about 700,000 MWh/yr of guaranteed sales at a US dollar-based tariff, with fuel procurement, land, and licences and permits related to the project provided by Jiro Sy Rano Malagasy (Jirama).