Madagascar: New HFO plant

The 48MW first phase of a heavy fuel oil (HFO) plant to supply Antananarivo is completed and ready to start supplying the grid. A second phase of 28MW will start up in September. The plant is being developed by Jovenna, the fuel distribution subsidiary of local conglomerate Axian Group, owned by four members of the Hiridjee family, which is also active in telecoms. The plant offers a cheaper option than diesel generators and aims to reduce the use of wood fuel.