The Madagascar Fuel Oil Power Plant was commissioned in just seven months. Equipped with a total of 11 Wärtsilä engines, the plant has an installed capacity of 66 MW. The plant was completed in September 2017 and has been selling electricity at a fixed rate based on the US dollar for a capacity of 60 MW under a 20-year purchase guarantee until 2024. 

As of 11 September 2024, the sale of the plant has been completed, and operational activities will be continued by Aksa Energy for a period of two years in exchange for an operational fee.