Market News
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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. . .Tanzania Signs USD 1.2 Billion Power Connection Deal With Zambia And Kenya
Posted on :Wednesday , 31st December 2014
The Governments of Tanzania, Zambia and Kenya have signed a Memorandum of Understanding (MoU) to fund a USD 1.2 billion power inter-connector project that will connect the Eastern African Power Pool (EAPP) to the Southern African Power Pool (SAPP).
tanzania-kenya-zambia-power-gridThe Zambia-Kenya-Tanzania (ZTK) power interconnector project is scheduled to be launched at the end o. . .Ghana devises plan to curb power crisis
Posted on :Monday , 29th December 2014
GHANA is making frantic efforts to finance a plan aimed at paying for gas supplied to the Volta River Authority (VRA) and the power producers in the event of a cash fall, local daily newspaper reported.
This is part of plans to avert rising power crisis.According to the publication, Ghana National Petroleum Corporation (GNPC) is working on a fall-back financing plan. . .East Africa speeds up energy projects
Posted on :Monday , 29th December 2014
East African governments have doubled their efforts to increase energy output, with several multi-million dollar projects on the cards.
The aim is to meet rising demand as well as attract more investments, after the 2014 World Bank Ease of Doing Business report noted that low energy output remains a hurdle for investors.In the past two months, Rwanda, Tanzania and K. . .Please Select an Option
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