AED51mln energynbsp;project funded by ADFD inaugurated in the comoros

AED51mln energynbsp;project funded by ADFD inaugurated in the comoros

Major electricity projects valued at AED51 million (US$13.9 million) have been inaugurated by the government of the Comoros. Financed by Abu Dhabi Fund for Development, the UAE’s leading development financing institution driving sustainable development at home and abroad, these projects will supply electricity to more than 12,000 homes and are expected to stimulate the economy of the island nation. His Excellency Azali Assoumani, President of the Comoros, attended the inauguration of the strategic projects with His Excellency Saeed Mohammed Murshid Al Maqbali, UAE’s Ambassador to the Comoros, and several Comorian government officials. The Fund’s support of the initiatives included supply and installation of seven generators with total capacity of 12.5MW. Four of them with a capacity of 2MW each have been installed at the Moroni station on the main island, while Anjouan Island received three with 1.5MW capacity each. The projects, which also covered an extension of transmission and distribution lines on the various islands, was implemented by , a UAE national company. Speaking on the occasion, His Excellency Mohamed Saif Al Suwaidi, Director General of ADFD, said: “At Abu Dhabi Fund for Development we work to enhance our strategic relations with the government of the Comoros through cooperation so