{"id":456784,"date":"2018-01-16T13:25:57","date_gmt":"2018-01-16T13:25:57","guid":{"rendered":"https:\/\/www.financialafrik.com\/?p=456784"},"modified":"2018-01-16T13:25:57","modified_gmt":"2018-01-16T13:25:57","slug":"madagascar-axian-commissions-two-76-mw-thermal-power-plants","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2018\/01\/16\/madagascar-axian-commissions-two-76-mw-thermal-power-plants\/","title":{"rendered":"Madagascar: AXIAN commissions two 76 MW thermal power plants"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>The Malagasy group Axian in collaboration with the oil distribution company, Jovena announced Friday, 12 January, the commissioning of two thermal power stations, with a cumulative capacity of 76 MW on the Electricity of Madagascar (EDM) network. .<\/p>\n<p>Indeed, the authorities inaugurated a &#8220;Noor 1&#8221; power plant with a power of 48 MW and another &#8220;Noor 2&#8221; by 28 MW.<\/p>\n<p>This project, which started in 2015, is in line with the Malagasy government&#8217;s energy mix policy, which aims to improve access to electricity in the country by reducing electricity production costs.<\/p>\n<p>On this occasion, Hassanein Hiridjee, CEO of the Axian group said, &#8220;since 150 years, its structure in partnership with the State and some private investors are working for the development, diversification and strengthening of the Malagasy electric park.&#8221;<\/p>\n<p>&#8220;Madagascar&#8217;s energy revolution is just beginning,&#8221; he says<\/p>\n<p>Before informing that &#8220;the Volobe hydroelectric power plant, located in the Tamatave region, will allow Axian to implement 2022 horizon its vision of green energy accessible to all, thanks to its power 120MW&#8221; .<\/p>\n<p>Note that Axian is a Franco-Malagasy family group belonging to the Hiridjee family, established in Madagascar since 150 years. The establishment presented a turnover of 660 million dollars in revenue in 2015, 800 million dollars investment for ten years and more than 4000 employees in the Indian Ocean.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The Malagasy group Axian in collaboration with the oil distribution company, Jovena announced Friday, 12 January, the commissioning of two thermal power stations, with a cumulative capacity of 76 MW on the Electricity of Madagascar (EDM) network. . Indeed, the authorities inaugurated a &#8220;Noor 1&#8221; power plant with a power of 48 MW and another<\/p>\n","protected":false},"author":536116,"featured_media":456765,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12065],"tags":[13055,13057,13053],"class_list":{"0":"post-456784","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-press-releases","8":"tag-axian-en","9":"tag-madagascar-en","10":"tag-thermal-power","11":"post_format-post-format-aside","12":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Madagascar: AXIAN commissions two 76 MW thermal power plants - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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