Posted on :Wednesday , 21st January 2015
Germany is to fund construction of the proposed 6.5MW Maziba hydroelectric power dam in the western district of Kabale, Prime Minister Dr Ruhakana Rugunda has said.
Rugunda told residents of Kyanamira sub-county recently that a contractor had already been secured for the $12m (Shs 34bn) project on river Maziba, 10km east of Kabale town. A 1.6MW plant built at the site in 1966 was decomm. . .
Posted on :Friday , 16th January 2015
The Gilgel Gibe III Hydropower project, constructed and situated on the Omo River in Ethiopia is expected to, once completed, generate 1 870 MW of power assisting in meeting the energy needs of those residing in Ethiopia and neighbouring countries. Construction of the 243m concrete dam began in 2008, and is scheduled to start generating power in early 2015. It is reported that Gigel Gibe III&rs. . .
Posted on :Friday , 16th January 2015
Kenya will save about Ksh 13 billion annually once the 105 MW geothermal power plants start to operate in Menengai, Nakuru by end of 2015. The project run by the Geothermal Development Company (GDC) has now awarded three IPPs land where they will put up power plants. The company is also constructing a major steam gathering pipeline that will distribute the steam from wells to turbines. “W. . .
Posted on :Thursday , 15th January 2015
Kenya Power has secured $25 million (Sh2.25 billion) funding from the Africa Finance Corporation.The money is part of a $150 million syndicated loan that the company is seeking to fund rehabilitation of its network ahead of absorption of extra 5,000 megawatts of power that are to be generated from the government’s plan to scale up power production by the end of next year.
Th. . .
Posted on :Thursday , 15th January 2015
Investment firm Centum is set to raise at least Sh39 billion as its share
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