Market News
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Dangote seeks license to build a coal power plant in Tanzania
Posted on :Monday , 10th November 2014
Africa’s richest man Aliko Dangote is seeking to be awarded a license for a 75 megawatt (MW) coal power plant in Tanzania.
Energy from the coal power plant will be used to power up the US$ 500m cement factory that is currently under construction in Mtwara Tanzania. The plant will also power the residential and commercial development complex around the fa. . .KEPCO to build a nuclear power plant in Egypt
Posted on :Monday , 10th November 2014
Korea Electric Power Corporation (KEPCO) has announced that South Korea has signed an MOU with Arab Contractors, the number one builders in Egypt’s construction industry, for the exporting of Korean nuclear power plant to Egypt.The Egyptian government plans to give public notice of an international bid for building a second new nuclear power plant at El-D. . .Tullow withdraws from Namibia Kudu gas power project
Posted on :Friday , 7th November 2014
Tullow has withdrawn from its full participation in the much-eyed Kudu gas-to-power project which is under development in Namibia. According to Namibia’s Mines and Energy Minister Isak Katali, the government has been informed by Nampa of the UK-based company’s withdrawal from the project due to financial problems.
Located 130 kilometres offshore of. . .US$145m wind power farm project in Nyandarua-Kenya receives green light
Posted on :Wednesday , 5th November 2014
The US$145m wind power project in Nyandarua County has received a green light from the political class and area residents to have it go ahead. The project is expected to add 61MW of electricity to the national grid.
Funded by various foreign investors, the project is being undertaken by Kinangop Wind Park Ltd which is a Kenyan energy company. It had initially . . .Kenyan Cement Maker To Build $19m Coal Power Plant
Posted on :Tuesday , 4th November 2014
Kenya’s National Cement, a member of the Devki Group of Companies plans to build a Sh1.7 billion ($19 million) coal-fired power plant to feed its clinker manufacturing and limestone mining operation in Kajiado, 80 kilometres south of the country’s capital Nairobi.
The power plant will produce 15 megawatt of electricity and is seen as a better alter. . .Please Select an Option
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