Power

Special bill aimed at supporting Eskom being drafted – Gordhan

Jul 13, 2019

Public Enterprises Minister Pravin Gordhan says a special bill on Eskom — aimed at finding a roadmap of the power utility’s recovery — is currently being drafted. Finance Minister Tito Mboweni, Gordhan said, will soon introduce a Special Appropriation Bill aimed at bolstering Eskom’s cash position soon. Gordhan on Thursday briefed journalists in Cape Town…

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Liberia’s House summons LEC, Ministry of Mines and Energy

Jul 13, 2019

The House of Representatives summons the Liberia Electricity Corporation (LEC) alone with the Ministry of Mines and Energy to appear before full plenary next Tuesday to account for moneys received from the Government of Liberia and to explain why the electricity program in the country is very poor and slow. Montserrado County District#7 Representative Solomon…

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Joburg Mayor looks to meet Eskom over Soweto blackouts

Jul 12, 2019

Johannesburg Mayor Herman Mashaba will engage with Eskom officials over the power utility’s apparent threats that it will not repair infrastructure in areas where there are high levels of non-payment. Mashaba said he received some complaints from Soweto residents who called for his intervention. It was previously reported that Soweto has been ranked as one…

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IDB guarantees funding for Temane-Maputo power line in Mozambique

Jul 12, 2019

The Islamic Development Bank (IDB) on Sunday approved a soft loan of 99.7 million dollars to finance the high voltage 400 kv electricity transmission line from Temane, in the southern Mozambican province of Inhambane, to Maputo. According to a source in the Ministry of Mineral Resources and Energy, contacted by AIM on Thursday, the total…

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RioZim, ZESA set to sign power deal

Jul 11, 2019

RioZim says its US$1,5 billion investment into building a 2 800 megawatts thermal power station in Sengwa, Gokwe North, remains firmly on course with the company now moving to the next phase of preliminary works, which entail, chiefly, signing a power purchase agreement. Notably, RioZim said the Sengwa project was part of two power initiatives,…

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South African city to hold off on increasing electricity tariffs for now

Jul 11, 2019

The City of Tshwane will delay increasing electricity tariffs until after public consultations which are set for Monday, Mayor Stevens Mokgalapa announced on Wednesday after internal consultations. “We agreed that the City will take action after public consultations by the National Energy Regulator of South Africa (Nersa) scheduled for Monday, July 15, before finalising approvals,”…

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Sahara Power backs Africa free trade pact to transform continent’s power sector

Jul 11, 2019

Sahara Power Group’s Managing Director Kola Adesina has said the African Continental Free Trade Agreement (AfCFTA) has the potential to transform the continent’s power sector through alignment of policies, tariffs, cross border manpower collaboration and fresh injection of capital. AfCFTA received a significant boost recently after Nigeria’s President Muhammad Buhari signed the continent’s largest economy…

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Ghana Govt to engage IPPs over $700m debt

Jul 9, 2019

Power Distribution Service (PDS) has denied claims it has failed to pay to Independent Power Producers (IPPs) for power supplied since taking over the Electricity Company of Ghana (ECG) on March 1 this year. William Boateng, Director of Communications, PDS, said the PDS neither owes nor have a contract with the IPPs. “The IPPs got…

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World Bank provides $150m to BOAD for electricity in W. Africa

Jul 9, 2019

The West African Development Bank will receive support from the World Bank and the Clean Technology Funds (CTF) for the implementation of the Off-grid electrification project (ROGEP). The two structures have recently disbursed $150 million and $74 million respectively to support this initiative, which will facilitate access to electricity in 19 African countries. The implementation…

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More private sector investments needed for power transmission lines in Africa – Stakeholders

Jul 9, 2019

Africa’s power sector leaders must devise new mechanisms to attract more private sector investment into power transmission lines, energy experts agreed at a technical roundtable last week. The meeting, hosted by the African Development Bank to mark the 3rd Africa Energy Market Place (AEMP), explored how to structure private sector financing to meet the investment…

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