Market News

 Power cuts in 15 Sub-Saharan African countries could become an “exception” rather than a norm in 10 years time, with private capital expected to play an increasingly bigger role, according to a survey by PricewaterhouseCoopers (PwC) released yesterday.   The survey found tha . . .

 The consoritum that is working on construction of a geothermal power plant in Kenya has secured a has secured a risk cover from a German reinsurer, Munich Re worth US$ 300mn that will eventually pave way for the funding of the well drilling.   The risk cover is meant to compensate inves . . .

Electricity generation across the country has continued to maintain a continuous rise from 4,000megawatts just as it rose to 4,662mw on Wednesday.   Although the system began to rise in capacity from late June 2015, electricity customers across the 11 Distribution companies (Discos) had compl . . .

Khartoum — The Chairwoman of the National Assembly Energy Committee, Committee, Dr. Hatat Ahmed Al-Mahi made it clear that the committee intends to conduct a comprehensive review of studies concerning electricity tariff in the coming period.   She told SUNA, Wednesday that the revision . . .

    Tanzanian solar energy contractor Rex Investment Limited (Rex) has selected MRIGlobal to undertake the first PV-Diesel hybrid grid’s feasibility study and power generation pilot project in a remote island of Lake Victoria region where currently merely 1% of the population have . . .