Electricity production
Omnicane now owns two units involved in thermal electric-power generation after the closure of the Union St Aubin mill during the year. These power plants are located at La Baraque and St Aubin and sell electricity to the national grid within the parameters of signed Power Purchase Agreements with the Central Electricity Board (CEB). The financing of both plants were made through a consortium of local banks on a project finance basis, and as such adhere to the agreed bank covenants.
Both power plants performed to the required level, with minimal penalties, consolidating Omnicane’s status as a reliable supplier of electricity to the CEB. Together, they produced a marginally higher amount of electricity, as detailed below, despite the closure of the Union St Aubin mill.
Equipped with two units of 45 MW, the La Baraque power plant, is one of the largest coal/bagasse cogeneration plant in the world and is in operation since 2007. During the year, its electricity production increased slightly to 461,148 MWh (2010 - 445,758 MWh), of which 144,917 MWh (2010 - 114,637 MWh) was from the 447,655 tonnes (2010 – 348,000 tonnes) of bagasse received from the sugar mill. Following the closure of the Union St Aubin mill, more cane was crushed at La Baraque, and this had a positive impact on our production of
renewable energy, which rose by 26.4%.
Turnover generated by the La Baraque power plant was up to Rs 1.7 billion (2010 – Rs 1.6 billion). However, as the plant has been in operation for five years, major repair and maintenance work was done on the plant. This had an adverse impact on the operating results of the plant, but after accounting for reduced interest payments and lower deferred tax provision, net profit was on the same level as in 2010. The St Aubin coal power plant is equipped with a 34.5 MW condensing-type turbine and is in operation since 2005.
During the year, Omnicane Thermal Energy Operations (Saint Aubin) Limited generated a turnover of Rs 919.1 million (2010: Rs 788.2 million) as a result of increased demand from the CEB. Net profit after accounting for interest on loan and for tax, amounted to Rs 82.5 million, the same level as achieved in 2010.
Omnicane now owns two units involved in thermal electric-power generation after the closure of the Union St Aubin mill during the year. These power plants are located at La Baraque and St Aubin and sell electricity to the national grid within the parameters of signed Power Purchase Agreements with the Central Electricity Board (CEB). The financing of both plants were made through a consortium of local banks on a project finance basis, and as such adhere to the agreed bank covenants.
Both power plants performed to the required level, with minimal penalties, consolidating Omnicane’s status as a reliable supplier of electricity to the CEB. Together, they produced a marginally higher amount of electricity, as detailed below, despite the closure of the Union St Aubin mill.
Equipped with two units of 45 MW, the La Baraque power plant, is one of the largest coal/bagasse cogeneration plant in the world and is in operation since 2007. During the year, its electricity production increased slightly to 461,148 MWh (2010 - 445,758 MWh), of which 144,917 MWh (2010 - 114,637 MWh) was from the 447,655 tonnes (2010 – 348,000 tonnes) of bagasse received from the sugar mill. Following the closure of the Union St Aubin mill, more cane was crushed at La Baraque, and this had a positive impact on our production of
renewable energy, which rose by 26.4%.
Turnover generated by the La Baraque power plant was up to Rs 1.7 billion (2010 – Rs 1.6 billion). However, as the plant has been in operation for five years, major repair and maintenance work was done on the plant. This had an adverse impact on the operating results of the plant, but after accounting for reduced interest payments and lower deferred tax provision, net profit was on the same level as in 2010. The St Aubin coal power plant is equipped with a 34.5 MW condensing-type turbine and is in operation since 2005.
During the year, Omnicane Thermal Energy Operations (Saint Aubin) Limited generated a turnover of Rs 919.1 million (2010: Rs 788.2 million) as a result of increased demand from the CEB. Net profit after accounting for interest on loan and for tax, amounted to Rs 82.5 million, the same level as achieved in 2010.
| Power plant | Electricity exported in 2011 in kWh |
Exported electricity as % of Total electricity generated in Mauritius in 2011 |
| Omnicane Thermal Energy Operations (La Baraque) Limited | 461,148 | 18.95 % |
| Omnicane Thermal Energy Operations (St Aubin) Limited | 227,848 | 9.36 % |
| Total | 688,996 |
28.31 % |
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| Omnicane Thermal Energy Operations (La Baraque) Limited |
Omnicane Thermal Energy Operations (St Aubin) Limited |
Environmental Policy of Omnicane Thermal Energy Operations (La Baraque) Ltd
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