Market News
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Zimbabwe to Get 1200MW Thermal Power Station
Posted on :Monday , 22nd September 2014
A 1200 MW thermal power station and a coal mine are set to be constructed in Western Zimbabwe, after three firms from China came up with the proposal. These projects will help cut down on power shortages in a country where only 1100MW of power is being produced at the moment. This is just half of what consumers really need.The . . .
Power sector investment ll hit $20bn in 2017 �NERC
Posted on :Friday , 19th September 2014
Investment in electricity will average $20bn per annum in 2017, the Chief Executive Officer, Nigerian Electricity Regulatory Commission, Mr. Sam Amadi, has said.Amadi spoke at a seminar tagged, ‘Dividends of Privatisation of the Nigerian Power Sector’, organised by the financial services group of the Lagos Chamber of Commerce and Indu. . ..jpg)
New US$ 2.6bn Safi thermal power plant to be built in Morocco
Posted on :Friday , 19th September 2014
All is set for construction of the to-be-largest ever thermal power in Morocco, Safi thermal power plant, after signing of investment contract relating to the setting up of the plant. The signing of the contracts was done in presence of Government Chief Abdelilah Benkirane in Rabat on Wednesday this week.
Once completed, Safi thermal power plant will give off . . .
Egypt: Cabinet Decision Allows Renewable Energy Authority to Produce and Sell Electricity
Posted on :Thursday , 18th September 2014
Cairo — Egypt's cabinet amended on Wednesday the law governing the New and Renewable Energy Authority (NREA) to allow the authority to form companies to produce and sell electricity.
The NREA works under the auspices of the ministry of electricity. It is concerned with carrying out projects for the production and use of renewable energy.&nbs. . .
Competition seen in power sector as TEM begins November
Posted on :Wednesday , 17th September 2014
The transitional electricity market (TEM), a stage that will ensure accountability and boost further investment in the Nigerian electricity market is expected to come on stream in November, BusinessDay has learnt.
It was gathered that the Nigerian Electricity Regulatory Commission (NERC) had in a meeting on Wednesday considered the launch of the TEM in about two months’ ti. . .Please Select an Option
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