Market News
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SADC: First Phase of Regional Power Interconnector Project Nears Completion
Posted on :Friday , 8th April 2016
The first phase of the 2 300 km regional power interconnector project that will link Zambia – Tanzania and Kenya (ZTK) power grids is expected to be completed by December this year in a development that is set to boost SADC power and the African Union’s thrust for continental integration.
The Chinese development package is into 10 areas that include infr. . .Nigeria: State Govt. to Commit N29.6 Billion On Power Supply, Agriculture
Posted on :Friday , 8th April 2016
Kaduna — Kaduna State Government said it would commit over N29.6 billion on power supply, agriculture and rail transport.
Gov. Nasiru El-Rufa'i who stated this on Wednesday in Kaduna at the opening of the Kaduna Economic and Investment Summit, said that part of the projects captured under the state's 2016 budget was the construction of a rail line for Kaduna m. . .Tanzania: Country's Electricity Grid To be Connected to Kenya, Zambia
Posted on :Saturday , 2nd April 2016
Dar es Salaam — Tanzania is determined to complete two projects to connect the country's electricity grid to that of Kenya and Zambia by 2019.
The projects-Iringa-Shinyanga (Backbone Transmission Investment Project) which will be interconnected with Kenya grid and the Iringa-Mbeya which will be connected to Zambia are scheduled for completion in 2018 and 2019,. . .Nigeria: Construction of 550 Megawatts Power Plant to Begin in June
Posted on :Tuesday , 29th March 2016
Handlers of the 550megawatts (mw) Independent Power Plant (IPP) in Ondo State said the construction activities will begin by June this year as the Nigerian Electricity Regulatory Commission (NERC) has issued a licence for it.
The plant will be built and operated by the Ondo State Government and its partners, Kingline Development Company, a South Korean Company.Nigeria: N6.06 Trillion Budget to Focus on Power, Housing, Transport
Posted on :Saturday , 26th March 2016
Abuja — This year's N6.06trillion budget as passed by the National Assembly (NASS) will pay strict attention to addressing perennial issues in power, housing and transport infrastructure, which got the lion's share of the capital votes.
The total budget figure is, however, N17 billion less than the 6,077,680,000000 proposed on December 22, 2015 by President Mu. . .Please Select an Option
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