Nareva Holding, a subsidiary of the Moroccan industrial, financial and services conglomerate ONA, aims to become the country's largest private producer of renewable energy by installing at least 300 MW of wind capacity by 2012. The company is developing the strategy under the EnergiPro initiative introduced by the state utility, the National Office of Electricity (ONE), in 2006. EnergiPro aims to boost private-sector participation in electricity supply by encouraging large, industrial consumers to invest in renewable energy generation for their own needs to offset their energy bills and also their carbon emissions. ONE will transport the power to the point of consumption and subsidise transmission. It also guarantees to buy any surplus electricity at a favourable rate. After getting the agreement of ONE allowing it to develop plant on behalf of industrial consumers, Nareva has signed agreements with six clients for a total of 300 MW and is in discussion with a number of others. The biggest project agreed so far is for up to 100 MW for the cement company Lafarge Maroc, scheduled for 2010 at an estimated investment of MAD 1.5 million (EUR 0.133 million). The others are 50 MW each for railway operator ONCF and Sonasid, Morocco's leading steel producer; 40 MW each for Managem, a mining company, and oil refiner Samir; and 10 MW each for the airports authority ONDA and the water utility ONEP. The output from ONEP's plant will feed to a desalination facility in the southern town of Laayoune.
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