That’s an interesting business to be in, it sounds like they just have power plants on boats they can dock where needed to provide power. So if they didn’t get paid they could literally sail away with the power plant 🤣
Probably makes sense for infrastructure in some parts of Africa.
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Power returned to Guinea-Bissau’s capital on Wednesday afternoon after the west African country’s government resumed payments to Turkish company Karpowership, which had plunged the city into darkness due to an unpaid debt of $17m.
Karpowership said it cut off electricity supplies to the city of Bissau – which has a population of more than 490,000 – for one and a half days when fuel suppliers paused work after a protracted period of non-payment.
Economy minister Suleimane Seidi told reporters on Wednesday that $6m out of $15m of arrears owed by the Electricity and Water Company of Guinea-Bissau were paid.
“We are grateful for the government’s efforts to resolve the fuel payments which have allowed for us to restart operations swiftly and continue providing the people of Guinea-Bissau with electricity,” Karpowership’s spokesperson said in a statement.
Karpowership, one of the world’s largest operators of floating power plants and part of the Karadeniz Energy Group, has been supplying 100% of Guinea-Bissau’s electricity needs since signing a deal in 2019, according to its website.
In September, Karpowership switched off the electricity supply to Sierra Leone’s capital Freetown due to an unpaid debt of around $40m.
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That’s an interesting business to be in, it sounds like they just have power plants on boats they can dock where needed to provide power. So if they didn’t get paid they could literally sail away with the power plant 🤣
Probably makes sense for infrastructure in some parts of Africa.
🤖 I’m a bot that provides automatic summaries for articles:
Click here to see the summary
Power returned to Guinea-Bissau’s capital on Wednesday afternoon after the west African country’s government resumed payments to Turkish company Karpowership, which had plunged the city into darkness due to an unpaid debt of $17m.
Karpowership said it cut off electricity supplies to the city of Bissau – which has a population of more than 490,000 – for one and a half days when fuel suppliers paused work after a protracted period of non-payment.
Economy minister Suleimane Seidi told reporters on Wednesday that $6m out of $15m of arrears owed by the Electricity and Water Company of Guinea-Bissau were paid.
“We are grateful for the government’s efforts to resolve the fuel payments which have allowed for us to restart operations swiftly and continue providing the people of Guinea-Bissau with electricity,” Karpowership’s spokesperson said in a statement.
Karpowership, one of the world’s largest operators of floating power plants and part of the Karadeniz Energy Group, has been supplying 100% of Guinea-Bissau’s electricity needs since signing a deal in 2019, according to its website.
In September, Karpowership switched off the electricity supply to Sierra Leone’s capital Freetown due to an unpaid debt of around $40m.
Saved 12% of original text.