Several foreign companies from China, Turkey, Brazil, Europe and the US have submitted bids to construct a 300 MW hydroelectric power plant in Guinea, which will be supervised by the Senegal River Basin Development Organization (OMVS).
The information was revealed on Wednesday in Conakry by the head of this regional organization, Kabinet Komara.
The hydroelectric dam that will be constructed for three years at Koukoutamba site within Guinean territory, will cost 800 million U.S. dollars.
Since its creation in 1972, OMVS has completed two hydroelectric power stations with a capacity to generate 260 MW and a road network of over 1,700 km in the West African sub-region.
The OMVS president said once completed, Koukoutamba hydroelectric power station will supply power to Conakry and to other member states of the organization such as Mali, Senegal and Mauritania.
The dam which will have capacity to generate 300 MW, is the first of the three OMVS hydroelectric power stations to be constructed in Guinea and it will be the largest for the organization.
OMVS, which includes Senegal, Mauritania, Guinea and Mali, was established on March 11, 1972 to implement a coherent program for a shared River Senegal basin.
This ambition of states was cemented by ideals of solidarity, sharing, fairness and the culture of peace.