estimated savings per year for the national utility
expected increase in country’s electricity generation capacity
Direct jobs during construction phase
Madagascar
Africa50-Project Development
Volobe is a 120 MW hydropower plant under construction on the Ivondro river, 40 kilometres from Toamasina, Madagascar. It will be operated under a 35-year concession. The project includes the construction of a transmission line, refurbishment of the access road, and infrastructure for the neighbouring villages.
estimated savings per year for the national utility
expected increase in country’s electricity generation capacity
Direct jobs during construction phase
Africa50 acquired 25% equity stake in Compagnie Générale d’Hydroélectricité de Volobe (CGHV), the project manager.
The shareholding of CGHV is comprised of Africa50, Jovena (Axian Group), SN Power and Colas.