Market News

 President Armando Guebuza has inaugurated the Ressano Garcia power station located on the border with South Africa. The Ressano Garcia power station will generate a total of 180 megawatts.   The gas is treated by SASOL, South African petro-chemical giant, before being taken to the plant . . .

 FORMER Energy minister Elton Mangoma yesterday questioned the US$533 million Kariba South Power Station extension project launched by President Robert Mugabe last week, saying there was serious suspicion of inflation of prices and looting by officials involved.   "Initially when we sign . . .

 Power parastatal Eskom has signed a contract that will see the replacement of steam generators at the Koeberg nuclear power plant, it confirmed.   "Eskom is pleased to announce that the contract between it and Areva NP was signed on Friday," said Eskom on Saturday.   The signing . . .

Regional interconnections and oil discoveries are expected to drive the transmission and distribution industry’s (T&D’s) growth in East Africa, the second-fastest growing region in Africa, global growth consulting firm Frost & Sullivan said on Tuesday.The region’s power sector wa . . .

Naivasha, Kenya: Kenya Electricity Generating Company (Kengen) has set aside 1,300 acres in Olkaria Naivasha for the construction of an industrial park. Five sites in the geothermal rich area have already been identified for the park with Kengen targeting high consumers of electricity. According to . . .