16 November 2015
China International Fund cement plant provides electricity to the Angolan public grid 16 November 2015
Angola: China International Fund's (CIF) cement plant in Luanda will provide 50MW of electricity to the Angolan public grid, under a presidential order authorising the purchase of energy. The order said that the power purchase agreement would be valid for ten years, but gave no figures for the amounts involved in the purchase of electricity by state-owned Rede Nacional de Transporte (National Transmission Grid).
"Given that the studies conducted to assess the supply and demand for electricity in the Luanda region indicate a deficit of 400MW, this contract is authorised until structural projects that are underway start operating," said the order authorising the contract with CIF.
The government of Angola is working on several projects that will increase national electricity production, including the construction of two dams by Brazil's Odebrecht. This is the case of the US$4.3bn Lauca hydroelectric facility in Cambambe, Kwanza Norte financed by a credit line from Brazil. From 2017 it will produce 2,070MW of electricity and serve five million people. Another of the works involves increasing the power of the Cambambe hydroelectric facility, in the same municipality, which will increase from 180MW to 700MW and be put into operation in stages during the second half of 2016.
The future Soyo combined-cycle plant, the construction of which is the responsibility of the China Machinery Engineering Corporation (CMEC) and that will cost the Angolan state more than US$900m, will provide electricity to the capital, Luanda, and north of Angola from 2017 onwards.
Saudi Arabia: A new on-site power plant at United Cement Industrial Company's (UCIC) cement plant in Saudi Arabia will be operated and maintained by MAN Diesel & Turbo. MAN Diesel & Turbo was also responsible for building the 54MW power plant, near Jeddah, where five MAN 20V32/44 CR diesel engines provide electrical power for the new cement plant. A five-year contract with UCIC for operation and maintenance includes the option of an extension for another five years.
CRH sues for return of files seized in competition inquiry 16 November 2015
Ireland: CRH has gone to the High Court to seek the return of documents seized by the Competition and Consumer Protection Commission (CCPC) in a raid in May 2015.
The CCPC, supported by the Gardai (Ireland's police force), raided Irish Cement's offices as part of a probe into alleged abuse of its dominant position in the Euro50m bagged cement industry. CRH has denied the charges.
CRH has lodged court proceedings seeking a declaration that certain sections of the files seized by the CCPC were not related to the Irish Cement investigation. A spokesman for CRH said that it was seeking to have documents that were of no use to the CCPC returned to the company. "Irish Cement fully facilitated the inspection and is continuing to co-operate fully with the CCPC. In undertaking this inspection, the CCPC removed documents that are unrelated to Irish Cement and clearly outside the scope of its inspection. CRH and Irish Cement have issued proceedings to retrieve these documents from the CCPC," said a company spokesperson.