(TAP) - The first stage of the 450-MW combined cycle power plant in Rades was inaugurated on Tuesday by Prime Minister Youssef Chahed.

"The power plant was carried out in co-operation with the Japanese group Mitsubishi at a total cost of 820 million dinars," said Chahed to the media.

This project, he specified, will better meet the country's growing demand for electricity, generate jobs and improve the economic and social indicators at the regional and national levels.

Minister of Industry and SMEs Slim Feriani pointed out for his part, that this plant and that of the Mornaguia-Borj Al Amri will provide more than 1,000 MW of electricity, a 20% addition to the national production.

Feriani indicated that the plant will contribute to reducing the cost of energy in the medium and long term, adding that Tunisia is determined to diversify co-operation fields with its different partners and to make the most of information technologies in order to consolidate the fields of electrical and photovoltaic energy.

STEG Director-General Moncef Harrabi said that Tunisia had recorded on July 9, 2019, a peak in energy consumption reaching 4,250 MW, recalling the specificities of the project whose return is 60 %, the highest rate globally.

The second stage of this project, funded by the Japan International Co-operation Agency (JICA), will end in May 2020 with the installation of a steam turbine. The project will create 2,000 non-permanent and 150 permanent jobs.

The inauguration ceremony was attended by Japan's Deputy Foreign Minister Kenji Yamada and Japan's Ambassador to Tunisia Shinsuke Shimizu.

 

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