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Follow on Google News | Altaaqa Global’s Rental Gas Power Plants in Cameroon Go LiveCompleted in just 21 days and boasting a combined capacity of 50 MW, the temporary gas power plants provide the country with a new reliable and sustainable source of power.
By: Altaaqa Global Collaborative Business Model The successful completion of the temporary gas power plants stands as a testament to the viability of a synergetic business model featuring contributions from the government, the utility company, the fuel supplier and the equipment provider. The Cameroonian government and Eneo were the clients in this particular project, with Altaaqa Global providing the power generation equipment and taking responsibility for importing and installing the generators at the Logbaba and Ndokoti (Bassa) sites, while GDC supplied the gas to the rental gas power stations at both sites. Against this backdrop, Peter den Boogert, CEO of Altaaqa Global, said: “We are very proud to have been involved in this project, and to have collaborated with Cameroon’s government, Eneo and GDC. Altaaqa Global is greatly honored to have contributed to Cameroon’s national energy strategy, and to have had the chance to promote the greater good of the Cameroonian nation. The success of this project proves that creating synergy among entities that value service and integrity above their own interests means that anything can be achieved. Here, we have witnessed that as a whole we are greater than the sum of our parts” The business model also proved to be economically beneficial to the service providers, being referred to as “a true game-changer” Environmentally Friendly Technology In addition to the collaborative business model that led to its successful completion, the project can also boast of its environmental stewardship, with the power plants being run on natural gas. Altaaqa Global installed state-of-the- Speaking on the sustainability of the project, Majid Zahid, Strategic Accounts Director of Altaaqa Global, said: “Our temporary gas power plant systems meet the requirements of worldwide emissions standards and do not harm the environment. These rental gas plants are designed for performance and reliability, while simultaneously being more environmentally friendly compared to systems running on other fuels. Because the generators run on natural gas, they do not require expensive after-treatment, therefore making them more economical to operate owing to more cost-effective fuel prices.” He added that gas systems were more flexible in terms of fuel usage, and would retain their efficiencies even with different fuel varieties. Cameroon’s Road to Economic Development Electricity is vital to ensuring the on-going development of economies and industries – especially in emerging countries such as Cameroon. With the successful completion of these temporary gas power plants, the entire country will be provided with a reliable and sustainable source of electricity that will power Cameroon as it works to enhance its infrastructure and construct additional facilities to support its industries. In this context, Joel Nana Kontchou, CEO of Eneo, said, “This project addresses the shortage in the country’s electricity supply that has been caused by a strong increase in demand, combined with a lack of a reserve in the electricity infrastructure. We are pleased to work with GDC and Altaaqa: Two companies that share our deep commitment to responding to Cameroon’s critical infrastructure needs.” Cameroon’s economy has weathered the drop in prices among its principal exports – petroleum, cocoa, coffee and cotton – and has remained largely stable in recent years. In 2013, its GDP growth reached 4.9%, and experts predict that, so long as there are strong performances from the construction, oil & gas, transport, telecommunication and hospitality sectors, it will remain at around that level through 2015. Cameroon’s government has been working to promote growth and employment in the country through continuous development of energy, transportation and telecommunications infrastructure, and is also eager to modernize the country’s production equipment and processes – particularly in the agricultural and manufacturing sectors. About Altaaqa Global Altaaqa Global, a subsidiary of Zahid Group, has been selected by Caterpillar Inc. to deliver multi-megawatt turnkey temporary power solutions worldwide. The company owns, mobilizes, installs, and operates efficient temporary independent power plants (IPP’s) at customer sites, focusing on the emerging markets of Sub-Sahara Africa, Central Asia, the Indian Subcontinent, Latin America, South East Asia, the Middle East, and North Africa. Offering power rental equipment that will operate with different types of fuel such as diesel, natural gas, or dual-fuel, Altaaqa Global is positioned to rapidly deploy and provide temporary power plant solutions, delivering electricity whenever and wherever it may be needed. http://www.altaaqaglobal.com End
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