ABB wins US$ 150-million private power orders in Ivory Coast; ABB joint venture building turnkey gas-fired power plant and transmission line.ZURICH, Switzerland--(BUSINESS WIRE)--Dec. 16, 1998--ABB, the international engineering and technology group, announced today it is building a turnkey, 288-megawatt gas-fired power plant and a 225-kilovolt transmission system in Ivory Coast Ivory Coast: see Côte d'Ivoire. . The orders, valued at US$ 150 million, were placed by Cinergy S Cinergy Corp. was an energy company based in Cincinnati, Ohio. Cinergy was created on October 24, 1994, from the merger of the Cincinnati Gas & Electric Company (CG&E) with PSI Energy and later included Union Light, Heat & Power (ULH&P) as well. .A., the largest independent power producer in West Africa West Africa A region of western Africa between the Sahara Desert and the Gulf of Guinea. It was largely controlled by colonial powers until the 20th century. West African adj. & n. . Cinergy is a joint venture between ABB n. 1. Among weavers, yarn for the warp. Hence, Noun 1. ABB - an urban hit squad and guerrilla group of the Communist Party in the Philippines; formed in the 1980s , Industrial Promotion Services (Ivory Coast) - an affiliate of the Aga Khan Aga Khan (ä`gä khän), the title of the religious leader and imam of the Ismaili Nizari sect of Islam, originally bestowed by the Persian shah Fath Ali on Hasan Ali Shah, 1800–1881, the 46th Ismaili imam, in 1818. Fund for Economic Development - and Electricite de France International. The project is being developed on a Build-Own-Operate-Transfer (BOOT) basis with a 24-year power purchase agreement granted by the Government of Ivory Coast. ABB will participate in an operation and maintenance joint venture. ABB led the development of the project and acted as a financial advisor. The power plant will be located in Azito, a village on the outskirts of the country's largest city, Abidjan. The first unit is expected to come into commercial operation in 1999 with plant completion planned for January 2000. The Azito plant will be the largest thermal power plant in West Africa. It is designed to meet the country's increasing demand for power, especially around the country's population and industrial center of Abidjan. Power from the plant will also be exported. The ABB Group (http://www.abb.com) serves customers worldwide in power generation, transmission; distribution; automation; oil, gas, and petrochemicals; industrial products and contracting; financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. ; and rail transportation. The Group reported orders in 1997 of US$ 35 billion and employs about 214,000 people in more than 100 countries. |
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