Market News

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 . . .

 Tanzania has secured $258.82 million from the African Development Bank and the Japan International Cooperation Agency for a high voltage electricity line to connect its national power grid to Kenya's, its power utility said on Sunday. The 400 kilovolt (kV) line will be completed within two ye . . .

 British investors are targeting projects worth about £500 million (Sh64.47 billion) in renewable energy sector, UK prime minister's trade envoy to Kenya and Tanzania Clive Hollick has said.   The projects are mainly in solar, wind and biomass power, areas where the country has und . . .

 Nigerian Energy company, Egbin Power Plc, is expanding and set to mark its new territory in Tanzania, by constructing a natural gas-fired power plant, Tanzania Daily News reports.   Speaking to Tanzanian journalists, the firm’s Chief Executive Officer, Mr Dallas Peavey, said the c . . .