Portugal’s EDP analyses construction of a combined -cycle power plant in Angola

26 November 2009

Figueira da Foz, Portugal, 26 Nov – Portuguese electricity company EDP – Energias de Portugal is looking into solutions to build a combined-cycle electric power plant in Angola, the group’s chief executive, António Mexia said in Figueira da Foz Wednesday.

“Combined-cycle plants are the quick response solution with the advantage of Angolan gas being used,” Mexia said, on the sidelines of the inauguration of the EDP power plant at Lares (Figueira da Foz).

In order to carry out energy projects in Angola a company was set up that brings together not only EDP, but also Sonangol, Banco Privado Atlântico (BPA) and FiniCapital.

Mexia noted that Angola had a Liquid Natural Gas (LNG) project underway, which would be concluded “on time”, estimating that the combined-cycle plant would use “Angolan gas.”

However, Mexia said that the plant had yet to be granted a license and that it would take “more or less tree years” to be built “from the time it is decided” to move ahead with it.

Although Mexia said that no final decision had been made on construction of the plant, Portuguese prime minister, José Sócrates, in his speech at the inauguration ceremony said that EDP’s power plant would be built “soon.” (macauhub)