The African Development Bank Approves $43 Million Loan for Madagascar
Maurice Info Search The Board of Directors of the African Development Bank has approved a loan of UA 30 million ($42.9) million to finance the second phase of a major power transmission and interconnection project in Madagascar. The Power Transmission Network Reinforcement and Interconnection Project in Madagascar (PRIRTEM-II) includes the construction of a 135-km, 220 kV interconnection line between the capital Antananarivo and the central industrial city of Antsirabé. The project will help to feed the power generated by the Sahofika Hydropower Plant into the national grid, supplying som...