Guinea Alumina Corporation and Electricité De Guinée sign groundbreaking MoU

Guinea Alumina Corporation (GAC), and Electricité De Guinée (EDG), the national electricity company, have today announced the signing of a landmark, non-binding Memorandum of Understanding (MOU).

  • Home
  • Media Releases
  • Guinea Alumina Corporation and Electricité De Guinée sign groundbreaking MoU

Guinea Alumina Corporation and Electricité De Guinée sign groundbreaking MoU

Kamsar, Thursday, 27 July 2023: Guinea Alumina Corporation (GAC), and Electricité De Guinée (EDG), the national electricity company, have today announced the signing of a landmark, non-binding Memorandum of Understanding (MOU). This MoU will secure a supply of 10 Megawatts so GAC Kamsar port operations could be connected to the national grid, equivalent to 26 million kilowatt-hours annually, marking a milestone in the company's sustainable development journey.

GAC's operations are currently powered by diesel fuel generators. However, the shift to hydroelectric power envisaged in this MOU would bring significant benefits, including environmental, operational, and economic improvements. Most notably, it could reduce GAC's carbon emissions by up to 20%, representing a significant step towards sustainable operations.

Steeve Tremblay, CEO of GAC, said, “Our agreement with EDG is a testament to our commitment to sustainable business practices. The shift towards hydroelectric power not only lowers our environmental footprint but also supports Guinea's economic growth and infrastructure development, further solidifying our contribution to the nation."

The agreement is part of GAC's support to the national goal of sustainable industrial and economic development. With this strategic shift, GAC and EDG are making a positive impact on the country's energy security, and laying the groundwork for future collaborations that will contribute significantly to Guinea's economic growth.

You may also be interested in

GAC announce bauxite mining project reaches 50 per cent construction completion

Guinea Alumina Corporation (GAC) SA, a major player in the mining sector in Guinea, has announced that its project to develop a bauxite mine and associated export facilities in the Republic of Guinea, West Africa, has reached 50 per cent...

Read more

The Sheikh Mohamed bin Zayed Field Hospital inaugurated in Conakry

The Sheikh Mohamed bin Zayed Field Hospital, built under the directives and patronage of His Highness Sheikh Mohamed Bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi, was inaugurated earlier today by the Guinean Minister of Health, Doctor Colonel...

Read more

GAC Launches the 2024 Public Consultations Across 31 Villages within its Mining Concession to Strengthen Community Engagement

Guinea Alumina Corporation (GAC) has launched its 2024 public consultations, which have been underway since July 7 across 31 villages within its mining concession.

Read more