Power

Eskom CEO resigns

May 31, 2019

The chief executive of South Africa’s struggling power utility Eskom, Phakamani Hadebe, said on Friday he was stepping down for health reasons after leading efforts to stabilise the highly indebted state firm. Eskom is regularly cited by ratings agencies as one of the main threats to the country’s creditworthiness and economic growth. “It is no…

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Open-ended load-shedding will hurt Zesco, Zambian economy – Experts

May 31, 2019

The Zambia Energy Forum has described Zesco’s planned open-ended load-shedding as unfortunate and warned the measure would cost Zesco revenue and negatively affect the economy. Energy Forum Zambia chairperson Johnstone Chikwanda said Zesco’s planned load shedding would have an adverse impact on businesses, affect households and significantly reduce earnings for Zesco itself and industry in…

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Debt-ridden Tanzania power utility firm to register Sh9bn operating profit this year

May 31, 2019

The Tanzania Electric Supply Company Limited (Tanesco) has reached a breakeven point and will start making profits this year, a cabinet minister said on Wednesday. The Minister for Energy, Dr Madard Kalemani told the Parliament that during the 2019 calendar year, Tanesco will make Sh9 billion in operating profit. Dr Kalemani was responding to MPs’…

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Egypt mulls selling power plants to private investors

May 30, 2019

Egypt is considering selling three recently built power plants to private investors, but talks are still at an early stage, Electricity Minister Mohamed Shaker said on Tuesday. The plants, billed at the time as the world’s biggest, were built by Siemens AG in a 6 billion euro ($6.7 billion) deal signed in 2015. Egyptian President…

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Ghana’s PDS recoups Gh¢ 224,321 from 106 illegal power consumers in Volta, OTI

May 30, 2019

The Power Distribution Services (PDS) has recouped GH¢224,321 from 106 customers who used power illegally in the Volta and Oti regions during the past six months. The defaulters included residential and non-residential fraudulent power users who had connected electricity to their premises, without lawful authority. Mr David Oklu, Volta Regional Manager of the PDS who…

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Tanzania’s electricity budget rises by 27% to 2tri/-

May 30, 2019

ENERGY Minister Dr Medard Kalemani yesterday asked for a 27 per cent budgetary increase to accommodate all major power projects that seek to amplify the country’s industrialisation drive. Dr Kalemani tabled the 2.142tri/- budget estimates for the 2019/20 fiscal year, which is up by 26.6 per cent from this year’s 1.692tri/- budget. The minister attributed…

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Ghana’s PDS says Lower Manya Krobo electricity debt cleansed not waived

May 29, 2019

The Power Distribution Services Ghana Limited (PDS) says the reduction of debt of residents of Lower Manya Krobo Municipality from GH¢196 million to GH¢84 million is due to data cleaning and reconciliation based on actual meter reading figures and not a waiver. The previous total debt of GH¢196 million was based on estimates which was…

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Algeria’s Sonelgaz invests in distribution and transmission

May 27, 2019

Algeria’s state-run utility, Sonelgaz, allocated 2.5 billion Algerian dinars ($20 million) to develop the electricity distribution network of the wilaya of El Oued. This funding is being used to implement an emergency program that was launched in 2013 and carried out in 30 municipalities. It has enabled the installation of 470 aerial and terrestrial transformers,…

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New Zimbabwe energy minister vows to withdraw licences from under-performing energy firms

May 26, 2019

NEWLY-APPOINTED Energy Minister Fortune Chasi says his ministry shall soon follow up on all companies that were issued licences in the energy sector to see if they were delivering on set targets. “As a new minister, I expect to see research results and strategies that resolve some of our challenges and proposals to restructure the…

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South Africa’s NERSA confirms receipt of energy plan deviation letter

May 24, 2019

The National Energy Regulator of South Africa (Nersa) has confirmed receiving Energy Minister Jeff Radebe’s letter of deviation from the country’s Integrated Resource Plan as well as applications for generation licences. “Nersa hereby confirms that it has received a letter from the Minister of Energy on 2 May 2019, granting deviation from the existing IRP…

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