Arzew start-up imminent, as strategic investors line up
The long-awaited financial close on the country's first independent water and power project (IWPP) at Arzew in the northwest is now expected in mid-2006. It is understood that the financing, which has already been delayed a number of times, will now be sealed after a period of successful operation of the plant and will be followed by the project company, Kahrama, bringing on board a strategic investor. The 314-MW, 88,000-cubic-metre-a-day (cm/d) Arzew plant is due to begin ...
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