Middle East Economic Survey
Energie Electrique Tahadart Capital Increased By $35Mn
The shareholders of Energie Electrique Tahadart (EET) have increased the companys capital by MD301mn ($35mn) to MD745mn ($87mn), La Vie Economique reported on 25 March. The increase is part of a 25% self-financing plan for the 384mw Tahadart gas-fueled power plant project, which is valued at MD3bn ($350mn). The plant is the first combined cycle thermal plant in Morocco. It was...