Portuguese company Efacec will build a power station in São Tomé and Príncipe with an installed capacity of 6 megawatts, costing 5.2 million euros that will be paid by Portugal, an official from the archipelago’s water and electricity company said Tuesday.
The official told Portuguese news agency Lusa that work to build the Santo Amaro 2 power station began this week and should take about nine months.
In 2016 São Tomé and Príncipe will have a power production capacity of 26 megawatts, from 16 megawatts at the moment, with the ongoing installation of two new generator groups in the Bobo Forro plant, 3 kilometres from the capital, which will produce an additional 3.4 megawatts of power.
The installation of these two production units come just over two weeks after the archipelago faced yet another serious power shortage as a result of a fault at the country’s main power plant.
The Efacec Group’s major shareholder is Winterfell Industries, a company owned by Angolan businesswoman Isabel dos Santos, who bought a 65 percent stake in Efacec Power Solutions from Portuguese groups José de Mello and Têxtil Manuel Gonçalves, the main shareholders at the time, for 200 million euros.
Later on the Angolan State took a 26 percent stake in Efacec Power Solutions after the President authorised the national power distribution company ENDE to buy 40 percent of Winterfell Industries. (macauhub/AO/PT/ST)