Dominovas Energy Corp.’s CEO and Chairman, Neal Allen, continued discussions with the government of Madagascar for the deployment of a power plant to the island nation. This follows a reciprocal letter of Interest (LOI) with the government for the deployment of a baseload power supply. The company’s proposal of 650 MWs of base-load power will create a substantial baseload of electricity generation.
It is anticipated that Dominovas Energy and the government will next sign a binding Memorandum of Agreement that defines the deliverables and responsibilities of both parties, as it pertains to the installation, deployment, and operation of the 650-MW power plant within Dominovas Energy’s BOOTT (Build, Own, Operate, Train, Transfer) construct.
Source: Alternative Energy Africa