Morocco and friends look beyond IPP formula

Morocco, having set the pace for independent power projects in North Africa with the Jorf Lasfar scheme, is looking to mobilise relationships with European governments and utilities to build its latest thermal power plant for the cheapest possible cost. This will involve significantly modifying the lPP formula - and when a prequalification tender is issued, probably this month, for the international company to build and operate the new Tahaddart plant in northern Morocco, the shape of the project will look very different from Jorf Lasfar, the ground-breaking lPP led by ABB Energy Ventures and CMS Energy.