GAC and Electricité de Guinée sign historic agreement to foster economic advantages and sustainable progress

The bauxite mining subsidiary of Emirates Global Aluminium, Guinea Alumina Corporation (GAC) and Electricité de Guinée (EDG), the national electricity company, has recently entered into a non-binding memorandum of understanding (MoU). The primary objective of this MoU is to ensure a stable supply of 10 megawatts of electricity, facilitating the connection of GAC's port operations in Kamsar to the national grid. This connection will result in an annual supply of 26 million kilowatt hours, representing a significant milestone in the company's dedication to sustainable development.

GAC presently relies on diesel generators to power its facilities. Nevertheless, under the consideration outlined in this MoU, there is a plan to transition towards hydroelectric power, which promises substantial advantages. These benefits encompass positive impacts on the environment, more efficient operational processes, and enhanced economic prospects. Notably, this shift has the potential to slash GAC's carbon emissions by up to 20 per cent, signifying a remarkable stride towards fostering sustainable operations.

Steeve Tremblay, the CEO of GAC, said, "Our agreement with EDG demonstrates our commitment to sustainable business practices. Switching to hydroelectric power will reduce our environmental footprint and support Guinea's economic growth and infrastructure development, thereby strengthening our contribution to the nation."

This agreement exemplifies GAC's unwavering dedication to achieving the national objective of sustainable industrial and economic development. Through their shared vision of this transformative journey, GAC and EDG are reinforcing the country's energy security and, in turn, establishing the groundwork for prospective partnerships that will play a pivotal role in driving Guinea's economic expansion.