Market News
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Tanesco mulls more renewable energy projects
Posted on :Wednesday , 27th May 2015
Tanzania Electric Supply Company (Tanesco) Managing Director, Engineer Felchem Mramba, said although renewable energy technology is currently expensive but the future remains in exploiting wind and solar.
“Traditional energy sources such as gas and coal will be depleted over time but wind and solar will always be there,” Mr Mramba said after offici. . .Rosatom, ready to empower Africa.
Posted on :Friday , 17th April 2015
Global nuclear giant Rosatom incorporates more than 350 companies worldwide and includes civil nuclear companies that specialize in power generation and nuclear fuel production, nuclear and radiation safety complex facilities, fundamental and applied science, nuclear medicine organizations, as well as the world’s only nuclear-propelled fleet of ice breakers.
. . .Construction of a new high voltage power line in Kenya to cost US$ 93m
Posted on :Thursday , 26th March 2015
A new high voltage power line that will be constructed to link geothermal power plants in Olkaria to Kisumu is set to start on May, Kenya Electricity Transmission Company Ltd (Ketraco) has said and complete in June 2017.
The power line project, which is expected to cost US$ 93m, aims at reducing the ongoing blackouts experienced in Western Kenya. The new line . . .KenGen seeks regulators� nod to float bond
Posted on :Tuesday , 10th March 2015
State power generator KenGen is looking at floating asset-backed securities to finance more than Sh80 billion in energy infrastructure over the next two years
KenGen, which has already pegged its Sh30 billion Rights Issue for the second quarter of this year needs Sh118 billion to finance its infrastructure development.The firm is in talks with reg. . .AIB targets SME\'s as the construction of LAPSSET corridor project set start next month
Posted on :Friday , 27th February 2015
In a bid to positions itself as the nerve center of the East African Community, and gateway into the greater East Africa, the government is planning to start construction of the mammoth Lamu Port Southern Sudan-Ethiopia transport or LAPSSET corridor project next month The project, which covers kenya, ethiopia, south sudan and uganda will cost a whopping 2.7 trillion shllings, and will open new . . .
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