US$ 2.6bn thermal power plant to be built in Morocco
All is set for construction of the largest-ever thermal power in Morocco, Safi thermal power plant, after the investment contract was signed on Wednesday.
Once completed, Safi thermal power plant will produce 1,386 MW of power and will be part of the government’s strategy to meet the growing demand for electricity in the country.
It will do so at a lower cost and with more regard for environmental conservation than conventional plants.
OEM South Korean Daewoo Engineering & Construction Co will undertake construction.
Safi thermal power plant will boost the economy of the kingdom and help it develop further, socially. It is expected to create jobs for Safi locals and use the services of local SMEs.