VOL. XXXIX

No. 34

20-May-1996

MOROCCO

Morocco Signs $1.6Bn BOT Deal For Jorf Lasfar Power Station

The Moroccan state utility Office National de l'Electricite (ONE) has signed a $1.6bn contract with the Zurich-based ABB Asea Brown Boveri and the US CMS Energy Corporation for the privatization and expansion of the Jorf Lasfar coal- fired power generation station, which is located south of Casablanca. Under the build-operate-transfer (BOT) contract ABB and CMS will take over the operation...