![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Aes Corp | TG:AES | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.059999 | 0.37% | 16.40 | 16.182 | 16.636 | 16.436 | 16.40 | 16.40 | 1,705 | 11:38:10 |
YAOUNDE, Cameroon -(Dow Jones)-The Kribi Power Development Corp. has started supplying electricity to boost aluminum output at Cameroon's sole smelter, a statement issued through Cameroon state radio by the company said Wednesday.
The 41 megawatts additional power supply is part of 155-216 MW of generating capacity for Cameroonian industrial and household consumption to be created by two gas-fired thermal plants under construction by the KPDC.
Cameroon government owns 44% of the KPDC, while the remainder 56% is controlled by AES Corp. (AES). AES bought 56% of Cameroon's former state-owned electricity firm, the National Electricity Corporation, or Sonel, in 2001 to become AES-Sonel.
Alucam, an affiliate of Rio Tinto PLC (RTP), depends on AES-Sonel, which owns KPDC, to power its aluminum production of 90,000 metric tons a year. Due to inadequate power supply, the smelter has temporarily stopped production.
Alucam and AES-Sonel reached an agreement earlier August to get its energy supply raised by September to stabilize aluminum output.
-By Emmanuel Tumanjong, contributing to Dow Jones Newswires; +237-7773-1930, +237-9655-6261; tnuel@yahoo.com
1 Year Aes Chart |
1 Month Aes Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions