Market News | Power & Energy Kenya 2026

Market News

  • Kenya: Rwanda to import 30MW from Kenya in 2015

    Posted on :Tuesday , 6th January 2015

    Kenya is to begin exporting 30MW of power to Rwanda via Uganda by July 2015, Kenya Power announced on 10 December, following the signing of a wheeling agreement with Uganda Electricity Transmission Company and Rwanda Energy Group (REG), and a power purchase agreement between REG and Kenya Power. Under the agreements, REG will pay Kenya Power $0.12/kWh for the electricity, while UETCL will levy . . .

  • Kenya Power receives Shs.17 billion loan

    Posted on :Tuesday , 6th January 2015

    National electricity distributor, Kenya Power, has contracted a USD190 million (Shs.17 billion) long-term loan from the Standard Chartered Bank (SCB) to implement infrastructural development projects.

    Kenya Power’s Managing Director and CEO, Dr. Ben Chumo, said SCB emerged successful in an exercise carried out by the Company towards the end of last year through an Expressio. . .

  • Kenya Power to sell electricity to Rwanda

    Posted on :Tuesday , 6th January 2015

     

    Kenya Power has entered into an agreement to sell 30MW of power to Rwanda. Kenya Power, Uganda Electricity Transmission Company Ltd (UETCL) and Rwanda Energy Group Limited (REG) have completed negotiations to facilitate the trade.

    The sale, expected to commence by July 2015, will be effected through the three entities’ already interconnected transmission grid. . .

  • South Africa tenders for coal-fired power plants

    Posted on :Tuesday , 6th January 2015

     South Africa for bidders to submit proposals to build coal-fired power plants as part of a string of initiatives launched this week aimed at ending chronic electricity shortages.

    Bidders will need to pay a nonrefundable R200 000 rand ($17 000) fee when they submit proposals to build, operate and maintain the new coal plants, according to a tender notice posted in national newspape. . .

  • Ethiopia s Gilgel Gibe Power Project To Kick Off In June

    Posted on :Tuesday , 6th January 2015

     Ethiopia’s Gilgel Gibe dam  project should be up and running by June this year, this is according to Azeb Asnake, CEO Ethiopian Electric Power Corporation.

     
    The project will be carried out along Ethiopia’s Omo River and is worth $1.8 billion. Gilgel Gibe project has began in 2008 and was to be fully functional three years later but it was delay. . .

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