Building Emergency Power Facilities
Dasan Networks announced on October 17 that it has signed a letter of intent for an emergency power plant building project in the Central African Republic. The project was undertaken in partnership with France's Electricite de France (EDF), one of the largest power companies in the world.
The project is part of a 2015-2030 mid and long-term investment program supported by the World Bank and the African Development Bank, which will focus on the construction of power plants and power transmission facilities.
In the first stage of the project, a 120-kilometer high-voltage transmission line will be built between Boali in the northwest and its capital Bangui, along with attendant sub-stations, capital area thermal power plants, and solar farms. To this end, a total of 33 million euros (US$36.24 million or 40.91 billion won) will be injected from the African Development Bank. In the second stage of the project, a 200-km high-voltage transmission line to link Bangui with Cameroon will be built.
Dasan Networks plans to start the project immediately after forming a consortium with its heat exchanger manufacturing subsidiary DTS Inc. (CEO Sohn Kyung-chul) and other domestic firms in various sectors.