Press release
Banjul, The Gambia– Karpowership has connected its 36 MW Karadeniz Powership Koray Bey to the Gambian national grid.
The Powership, which arrived in Banjul in March this year, has finalized all commissioning protocols and commercial operation achieved to the satisfaction of both parties.
This will significantly help ameliorate the power supply in the country.
The operation of Karadeniz Powership Koray Bey is in consonance with the Power Purchase Agreement signed with The Gambia’s National Water & Electricity Company (NAWEC), requiring Karpowership to supply 30 MW into the national grid for two years.
Karpowership has a proven track record of supplying sustainable, reliable, and affordable electricity with all its Powerships. The 36 MW Karadeniz Powership Koray Bey will supply uninterrupted and reliable electricity at one of the lowest prices for thermal power generation. The Powership will use low Sulphur Heavy Fuel Oil (HFO) to generate electricity but thanks to its hybrid operational ability, it can convert to natural gas when available, ensuring cost savings for The Gambia. The operations of Karadeniz Powership Koray Bey will significantly contribute to The Gambia’s electricity supply and create employment opportunities.
Karpowership is a socially responsible company committed to the development of communities in which they operate. With its operations in The Gambia, the company will engage in social responsibility projects that will help with the growth of the local people as well as providing educational tools. As a strategic partner, Karpowership is committed to The Gambia’s development and will continue to provide all Gambians sustainable, reliable, and affordable electricity.
About Karpowership
Karpowership is the only owner, operator and builder of the first Powership (floating power plant) fleet in the world and plays an active role in medium to long-term investments with more than 2500 employees. Currently, Karpowership owns and operates 15 Powerships with an installed capacity of 2800 MW and 5000 MW Powerships under construction. Karpowership is operational in Gambia, Ghana, Indonesia, Lebanon, Mozambique, Sierra Leone and Sudan.
