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toubab1020
12311 Posts |
 Posted - 26 Oct 2010 : 14:04:21
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Those very clever people from India have identified a viable project to get involved in and make money,in the Gambian market,electricity from solar power,why solar power? the fuel sunshine is free ! there is a lot of it in The Gambia ! installations can make electricity anywhere in the country without expensive infrastructure,there are a few drawbacks, the average Gambian has no money,quite correctly this company must rely on the political will of the administration in order to make the project work,NAWEC is the monopoly power company,that is government owned,so is a monopoly likely to welcome competition for their product No, of course not,so government approval is a necessity,secondly solar panels are still expensive and you need a lot to generate electricity on a commercial scale.
Links:
http://technology4life.wordpress.com/2008/01/31/the-world%C2%B4s-largest-pv-solar-plant-open-in-southern-spain/
"Sharma, who said they met some relevant authorities during his short visit to the country, urged the government of the Gambia to come up with a very feasible and good proposal to his company, reiterating that his company is more than ready to investment in the Gambia. "
In other words tell us what you want and what we will be allowed to do and will will seriously consider working with you.
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Fedders Lloyd eyes Gambia market
Africa » Gambia
Tuesday, October 26, 2010
Fedders Lloyd Corporation Limited, an Indian-based international multi-million dollar investment firm is targeting the Gambian market for possible investment in productive sectors of the country. This information was disclosed to the Daily Observer, in a recent interview by the firm's general manager – International Marketing, Rakesh Sharma.
Sharma further disclosed that the firm is currently operating in 25 countries globally and has an annual turnover of US$700 million. He added that the group consists of many companies engaged in diverse areas of investment such as energy, irrigation and agriculture, water, education, health, and industrial projects, amongst a host of others.
He said his company will partner with the Agric Solar Service based in the country and that they are interested in investment in many areas, notably energy and agriculture; sectors he described as very important. "We are looking for a good investment especially projects which are related to the government of The Gambia," he indicated, while noting that they are trying to engage the government of The Gambia in a bid to ensure a successful investment in the country.
Sharma, who said they met some relevant authorities during his short visit to the country, urged the government of the Gambia to come up with a very feasible and good proposal to his company, reiterating that his company is more than ready to investment in the Gambia. The investments in sectors like energy and agriculture and other areas, Sharma maintained, would contribute a great deal in boosting the socio-economic development of the country thus creating employment opportunities.
He described the Gambia as a very beautiful country that is full of investment opportunities, concluding that his company is very keen to contribute to the development process of the country. He stressed that with the support from the government of the Gambia, investments by his company in the country would kick-off as soon as possible.
Also speaking to this reporter, Rihad Mirza, managing director of the Agric Solar Service Company Limited, said he is very much concerned about certain areas of development in the Gambia especially in the energy sector. He explained that his priority is to spotting investors to the country; something he said led to his cooperation with Fedders Lloyd for exploring investment opportunities in the country.
Mirza emphasized that they will be interested in investing in the energy sector, affirming that they are more than positive as far as investment in the Gambia is concerned. He underscored the importance of the energy industry, saying it is the most important industry. "Without energy nothing moves so energy is the most important basic industry and without that we cannot do anything. This is why I decided that we have to concentrate on energy because is the mother of all the industries," concluded the Agric Solar Services boss.
Author: by Hatab Fadera
http://observer.gm/africa/gambia/article/fedders-lloyd-eyes-gambia-market
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"Simple is good" & I strongly dislike politics. You cannot defend the indefensible.
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Edited by - toubab1020 on 26 Oct 2010 14:17:38 |
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