Market News
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Kenya Power starts Sh1.2bn Mombasa street lighting project
Posted on :Thursday , 10th September 2015
Kenya Power on Wednesday launched a major network upgrade and street lighting project in the coastal city of Mombasa.
The street lighting project will include Mombasa’s Old Town at a cost of Sh45 million and will involve retrofitting of 500 existing High Pressure Sodium (HSP) lamps to Light Emitting Diode (LED) lamps, replacing 5km of existing overhead streetlight conductors wit. . .
ERC to draft new policy to regulate energy use
Posted on :Thursday , 10th September 2015
The Energy Regulatory Commission (ERC) will publish new policy guidelines to regulate use of energy. According to the regulator, under the proposed guidelines, consumers who use electricity to boil at least 1,000 litres of water or more would be required to install solar panels, among a raft of other measures. ERC Director General Joe Ng'ang'a said the new initiative will help curb unnecessary . . .
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Construction of Rusumo Falls Hydropower Project along Rwanda-Tanzania border to begin
Posted on :Wednesday , 9th September 2015
Construction works of the 80MW Rusumo Falls hydropower project which is funded by the World Bank and the African Development Bank is set to begin next year. The construction project will be located at Rusumo Falls along Rwanda-Tanzania border . The announcement comes after the families who were living in the area were relocated.“Holding other factor. . .
Construction of power facilities in Africa to receive a boost from AfDB
Posted on :Tuesday , 8th September 2015
The African Development Bank now says that it will focus more on efforts to construct more power facilities in Africa in a bid to tackle the chronic power shortages in the continent. AfDB new president Dr. Akinwumi Adesina said that the move will help unlock Africa’s economic potential and end its vulnerability to fluctuations in commodity prices.
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Four more years of high power bills as Kenya keeps costly thermal plants
Posted on :Monday , 7th September 2015
Kenyans will continue to shoulder the burden of expensive thermal generators for at least four more years, despite recent strides in unlocking cheaper sources of energy.
Data from the Energy Regulatory Commission (ERC), which is the energy sector regulator, shows that the earliest the first of the nine thermal power plants could be knocked off from the nationa. . .Please Select an Option
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