Market News

 Kaduna Electricity Distribution Company (KEDC) is to commission three new injection sub-stations at the Nigerian Air Force Base, Mothercat and Hanwa in Zaria, Kaduna State, to improve power supply in the state, KEDC Chief Executive Officer, Alhaji Idris Mohammed, has disclosed. Speaking in Ka . . .

 The Minister of Power, Prof. Chinedu Nebo has disclosed that the proposed National Policy on Renewable Energy and energy efficiency has been conceived by Government to drive its quest for electricity expansion nation-wide.   The Minister, who was represented by his Senior Special Assist . . .

 Ethiopia is striving for the operation of the Aluto-Langano geothermal power plant with installed capacity of 70mw power in this fiscal year, the Ministry of Water, Irrigation and Energy said.   Energy Study and Development Follow-up Director, Gosaye Mengistie said over 78 percent of co . . .

 The Kariba power project in Zimbabwe kicked off officially with President Mugabe commissioning on 4th of September; the project is estimated to cost US$533 million and is expected to generate an additional 300MW by 2017.   Speaking soon after the groundbreaking ceremony, President Mugab . . .

 Group Five, a South African firm, has worn a project for designing and construction of a 350Mw gas and oil-fired power plant in Ghana. According to a Group Five spokesman, the Kpone Independent Power Project contract will run for three years in order to see through the construction of the plan . . .