Safi Thermal Power Station is a 1,386MW coal fired power project. It is located in Marrakesh-Safi, Morocco. The project is currently active. It has been developed in multiple phases. Post completion of construction, the project got commissioned in December 2018.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Thermal 1,386 1,386 Active Marrakesh-Safi, Morocco Daewoo Engineering & Construction; Safi Energy

Description

The project was developed by Daewoo Engineering & Construction and Safi Energy. Engie, Nareva Holding and Mitsui are currently owning the project having ownership stake of 35%, 35% and 30% respectively.

It is a steam turbine power plant.

The project generated 2,203,887MWh of electricity. The project cost is $2,600m.

Development Status

The project got commissioned in December 2018.

Power Purchase Agreement

The power generated from the project is sold to Office National de l’Electricite et de l’Eau Potable under a power purchase agreement for a period of 30 years.

Contractors Involved

Daewoo Engineering & Construction was selected to render EPC services for the coal fired power project.

Safi Thermal Power Station (Safi Thermal Power Station Unit I) is equipped with Mitsubishi Power steam turbine. The phase consists of 1 steam turbine with 693MW nameplate capacity.

Safi Thermal Power Station (Safi Thermal Power Station Unit II) is equipped with Mitsubishi Power steam turbine. The phase consists of 1 steam turbine with 693MW nameplate capacity.

Mitsubishi Power supplied electric generator for the project.

IHI supplied steam boiler for the project.

IHI is the O&M contractor for thermal power project for a period of 6 years.

About Daewoo Engineering & Construction

Daewoo Engineering & Construction Co Ltd (Daewoo E&C) is a provider of civil engineering and building work services. It provides a range of engineering, architecture and construction services to diverse markets. The company carries out construction projects for roads, bridges, railroads, power plants, petrochemical plants, residential, commercial, office and factory buildings. It also develops and sells real estate properties such as apartments; townhouses and villas; studio apartments and urban lifestyle homes; and commercial complexes. The company also manages hotels and other entertainment facilities; and carries out steel structure construction. It has operations in Nigeria, Algeria, Libya, Dubai, Abu Dhabi, Qatar, Saudi Arabia, Kuwait, Iraq, Oman, Singapore, Malaysia, Philippines, Indonesia, Korea, and Vietnam. Daewoo E&C is headquartered in Seoul, South Korea.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.