Market News

 Arusha — Over 40,000 households in 160 villages across the country would be connected with electricity by 2020 through mini-grids to be installed by PowerCorner Tanzania, a firm established in 2015 to provide energy access to the rural areas.   A total of $ 140,000 will be spent o . . .

 The Kenya Electricity Transmission Company has contracted Chinese firm North China Power Engineering Company to construct a 96 kilometre power transmission line running between Isinya and Namanga at a cost of Sh2.6 billion. This is part of the Kenya-Tanzania interconnector line that will hook . . .

A floating power plant isn't something you see every day. The massive ships look like plants you'd see on land complete with tall exhaust stacks—except these plants are bobbing in the ocean.   They might look odd, but for people in growing economies around the world, the ships are a wel . . .

With 155 turbines of 365 turbines installed in the past six months, Lake Turkana Wind Power project has achieved a has achieved a new milestone well ahead of the completion deadline of next year.   The 310 MW turbines, which are attached to 52 meter rotors are hoisted on towers stretching up . . .

 The Tanzania Electric Supply Company Limited (TANESCO) has signed a US $309.26 million dollars (about 673.62bn/-) contract for implementation of 414 kilometres power interconnection transmission line project to link Tanzania and Kenya.   It will be constructed from Singida via Arusha to . . .