Market News
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Kenya to begin selling power to Rwanda in 2015
Posted on :Tuesday , 17th February 2015
Kenya will begin to export power to Rwanda to help the latter meet its increasing demands for low cost electricity. This follows the signing of a power trade deal on Tuesday this week for construction of a 220kv power line from Kenya to Rwanda.
Kenya will start the sale of 30 MW of power from July next year according to the Power Purchase Agreement. Rwanda wil. . .Gigawatt Global to invest US$2b in generating 1000Mw of solar power for Africa
Posted on :Thursday , 12th February 2015
Gigawatt global is set to spend about US$2billion in developing and pumping 1000Mw of solar power in Africa by 2020.
Dutch company Gigawatt has said the 1000MW power project will have its roots in East Africa where the largest photovoltaic field will be built in Rwanda. Burundi is one of the countries that could also benefit when this facility is expanded.Kenya: Electricity connection now Sh1,160
Posted on :Tuesday , 3rd February 2015
The programme dubbed Global Partnership on Output Based Aid will see Kenyans living in informal settlements in urban centres and those in rural areas being connected.
Speaking at Kiganjo Polytechnic Grounds in Gatundu South over the weekend when he launched the programme, Dr Chumo said the programme targets the needy who could not afford to raise the current Sh35,00. . .Total completes gas pipeline section leading to Alaoji power plant
Posted on :Friday , 30th January 2015
Total exploration and production (E&P) has announced that it has completed work on a section of its Northern Option Pipeline (NOPL), from Kilometre (Km) 38 at Obigbo to Km 50 at Imo River, and is now set to convey gas to the National Integrated Power Plant (NIPP) at Alaoji along the Imo River in Abia state,Leadership reports.The managing director of Total E&P Nigeri. . .Government plans to provide electricity to at least to 70 percent of Kenyans
Posted on :Wednesday , 28th January 2015
DAVOS: The Government plans to provide electricity to at least to 70 percent of Kenyans in the next three years, Deputy President William Ruto has said. Speaking in Davos, Switzerland, Mr Ruto said the Government had engaged in the ambitious project including infrastructural development so as to spur economic growth. He said Kenya wanted to create an environment that will attract investment to . . .
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