Protocol agreement signing ceremony between CGHV and the Malagasy State last Friday. The General Company for Hydroelectricity of Volobe (CGHV) and the Malagasy State signed, on July 10, an agreement consolidating the implementation framework for this strategic infrastructure, thereby paving the way for the start of the construction phase. This signature makes it possible to set a precise timeline for fulfilling all preconditions for launching works on the future hydroelectric plant and its associated infrastructure, according to both parties. According to explanations provided, this agreement also strengthens the overall contractual framework of the project, considered one of the most important investments in Madagascar's energy sector. Beyond its administrative nature, this commitment reflects the shared will of the State and CGHV to continue project implementation in compliance with legal requirements and international standards for environmental and social performance. These principles will guide the entire lifecycle of the infrastructure, from its design and financing through construction, operation, maintenance, and ultimately the transfer of facilities.
Expected Transformation
Located on the Ivondro River in the Atsinanana region, the Volobe Amont project plans a power plant with an installed capacity of approximately 127 MW. The objective is to sustainably strengthen national electricity production through renewable, reliable, and competitive energy to meet constantly growing energy demand. This new capacity should help improve the country's energy security while supporting its economic development. The project extends beyond electricity generation. Its promoters also highlight its territorial development dimension. Several actions are planned for the benefit of local populations, particularly in education, skills development, health, safety, access road improvements, and job creation. This approach aims to make Volobe Amont an integrated project generating sustainable economic and social benefits for riverside communities. For CGHV, this new step confirms the commitment to conduct the project with rigor, responsibility, and transparency while maintaining ongoing dialogue with institutions, territorial authorities, concerned communities, and all stakeholders. "With the Malagasy State, we stay the course and continue the work undertaken methodically, in compliance with our contractual, regulatory, social, and environmental obligations. Our priority remains unchanged: advancing this project beneficial to the country, in line with community expectations and sustainability requirements," declared Remy Huber, CEO of CGHV. This new progress brings Volobe Amont closer to entering its implementation phase.