VOL. XLI

No. 01

5-January-1998

MOROCCO

Morocco Plans Gas Power Plant With European Partners

Morocco's Office National d'Electricité (ONE) is planning to form a joint venturecompany with the Spanish firm Endesa and the French firm EDF for the purpose ofconstructing a 450-megawatt combined cycle gas-fired power plant. The station will costsome $300mn to build and will be located near the Maghreb-Europe gas pipeline whichcarries Algerian natural gas to Spain. ONE is to hold 51% of the joint...