PSCM Energy Pte. Ltd. (201843061C) Signs 15-Year $600 Million Dollar Contract with a Rapidly Expanding Cote d’Ivoire Mining Company to Supply Electricity

February 18 19:48 2019

PSCM Energy Pte. Ltd., a clean energy company based in Singapore, is proud to announce it has signed a contract with a rapidly expanding mining company in Côte d’Ivoire, for the design, construction and operation of a minimum of 20 megawatts (mW) of electricity generation capacity at one of their mining sites, with expansion to additional sites. PSCM Energy Pte. Ltd. was represented by CEO, Kenneth Templeton and Ms. Xin Zhang, International Relations Director. The 15-year contract will begin providing electricity before the end of 2019. 

Under the terms of the contract, the parties agree to the construction by PSCM Energy Pte. Ltd. of a minimum of 20 mW of hydrogen fuel cell electricity generation. The hydrogen fuel cell electricity generation facility to be constructed under the contract’s provisions will produce clean, affordable and reliable electricity at the mine location, which is currently not connected to Côte d’Ivoire’s electrical grid. The projects’ intended outcome is to replace expensive diesel generators with clean, environmentally friendly hydrogen fuel cell generators.

“Micro power electricity generation stations fueled by clean hydrogen energy are a viable and promising solution to the issue of powering remote areas with otherwise minimal access to electricity,” said Mr. Kenneth Templeton, Chief Executive Officer, PSCM Energy Pte. Ltd. “We would like to thank our Côte d’Ivoire partners for their trust in our services. We believe that our expertise in clean hydrogen fuel cell electricity generation will provide affordable, reliable, clean electricity to this initial mining site which can serve as the beginning of larger, similar projects across Côte d’Ivoire and other African nations.”

PSCM Energy Pte. Ltd. intends to begin the construction of the electricity generation facility in the second quarter of 2019, and will initially invest approximately $40 million US Dollars in the project.

Côte d’Ivoire is a small African nation but it has some of the continents biggest mining potential and an array of natural resources that make the country one of the more attractive mining destinations, allowing great opportunity for expansion of PSCM Energy Pte. Ltd.’s electricity generation for mining sites.

About PSCM Energy Pte. Ltd.

PSCM Energy PTE. LTD. is headquartered in Singapore, and provides oil desulphurization technology, IMO-2020 compliant MGO ship fuel production, electricity generation, hydrogen fuel cell technologies and other energy related capabilities.

To learn more about PSCM Energy Pte. Ltd., please visit: www.pscmenergyinternational.com

Media Contact
Company Name: PSCM Energy PTE. LTD. (201843061C)
Contact Person: Mrs. Xin Zhang, Director of International Business Development
Email: Send Email
Phone: +1 512 456-8713 (Singapore Number coming soon)
Country: Singapore
Website: http://pscmEnergyInternational.com

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