|
The total
combined output from Bainounah Power Company is 946
MW and 16 MGPD potable water, at the peak, this
represents some 33% of the national demand for power
and some 10% of the national demand for water, it is
evident therefore that Bainounah Power Company plays
an important part in meeting the present and future
national power and water requirements.
Having recently completed our first two years of
operation, we have reason to be optimistic about the
future of Bainounah Power Company, at the start of
our first year of business (i.e. 1st January 1999)
we employed some 1000 people with an expected annual
budget approaching Dhs. 800 million. During that two
year period, we at BPC managed the sale of one of
our original power and desalination stations at
Taweelah A-1 to the consortiun of Total Tractabel.
The sale of Taweelah A-1 resulted in the transfer of
228 of our staff and all related plant and equipment
to the newly formed private company.
As with all commercially minded businesses, we
shall be analysing our first 9 months business
results very carefully, and making the appropriate
management recommendations to improve the overall
financial performance of the company thereby
creating an attractive business and investment
opportunity for the region.
|