Konrad Mizzi insists power plant project is ‘on track’

Energy minister Konrad Mizzi said that despite the withdrawl of the majority shareholder in the consortium chosen to construct the new Delimara power plant, the project was on track.

The minister pointed out that the “recent consolidation” will have no impact on project timelines, construction and provision of power and gas to Malta and the Maltese people.

 “ElectroGas Malta's recent consolidation of its structure demonstrated commitment by world class organizations to the project. These include engineering and power plant giant Siemens and Gas specialist Socar,” Mizzi said.

He also insisted that the specialisation, skills and knowledge required to implement and operate the power and gas facilities have not changed and are still vested in ElectroGas through Siemens and Socar.

“Construction, operations, maintenance and all other contracts remain unchanged,” Mizzi added.

In a statement issued in reply to the opposition’s criticism, Mizzi reassured that ElectroGas, through Siemens, Socar and GEM holdings, has strong financial backing and will deliver a world-class infrastructure which will continue to contribute to the country's competitiveness and also reduce emissions significantly.