Power

Zimbabwe’s Zesa engages Eskom over debt

Jun 4, 2019

Power utility Zesa Holdings will this week head to South Africa for crunch talks with fellow electricity supplier, Eskom, over a payment plan relating to a US$33 million debt for power imports. This comes as Zimbabwe is facing debilitating power shortages, which have prompted crippling cuts, due to reduced generation at Kariba Dam on concerns…

Read More

Zimbabwe’s Govt says idle power producers to lose licences

Jun 3, 2019

Over 30 independent power producers (IPPs) with licences to generate up to 5 000MW, stare the prospect of losing the licences for continuously failing to resume operations, at a time the country is contending with acute electricity shortages. This comes as Energy and Power Development Minister Fortune Chasi last Friday assured productive sectors of the…

Read More

Kenya tops East Africa in access to mains electricity

Jun 3, 2019

Kenya leads all its East African neighbours in deepening access to electricity by a wide margin according to a recent report by the World Bank. The country was also listed among the top performers in expanding access to power in the period between 2010 and 2017 ranking together with bigger economies such as India. At…

Read More

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…

Read More

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…

Read More

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’…

Read More

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…

Read More

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…

Read More

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…

Read More

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…

Read More

SUBSCRIBE TO LATEST ENERGY NEWS

Read the latest energy industry news and researched articles
for oil and gas, power generation, renewable energy, events and more...