Power

Kenya’s KenGen connects Olkaria V geothermal power plant’s first unit to grid

Aug 2, 2019

Kenya Electricity Generating Company (KenGen), Kenya’s largest electricity producer, recently commissioned part of the Olkaria V geothermal power plant. It provides 79 MW of the expected 158 MW. Kenya’s national electricity grid has been increased by 79 MW, thanks to electricity from the Olkaria V geothermal power plant in the Rift Valley in western Kenya.…

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Algeria’s Sonelgaz seeks foreign funds

Aug 2, 2019

Algeria’s state power utility Sonelgaz will seek foreign loans to finance its development plan, its chief executive said on Wednesday, becoming the first company in the North African country to look for funds abroad in decades. OPEC member Algeria relies heavily on oil and gas, which account for 94% of total exports and 60% of…

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300mw electricity supply boost for Zimbabwe

Aug 1, 2019

Electricity supplies are expected to improve significantly following a payment plan that was agreed on by Zimbabwe and South African power utility, Eskom, coupled with a US$2 million import facility through a local financial institution. This was said by Information, Publicity and Broadcasting Services Minister Monica Mutsvangwa while addressing the media on the 27th Cabinet…

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Mozambique to build 2,000MW gas-fired power plant

Aug 1, 2019

The government of Mozambique is set to construct a gas-fired power station in Beluluane, in Boane district about 30 kilometers west of Maputo. Beluluane Gas Company SA received approval from the government allowing them to develop the power station that will generate 2,000 megawatts of electricity. The approval also included terms and conditions of a…

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High electricity tariffs killing Ghana’s local steel industry

Jul 31, 2019

The Steel Manufacturers Association of Ghana (SMAG) has expressed concern about the recent increase in electricity tariff saying it is having adverse effect on the growth and development of the industry. Members of the Association yesterday were at the Parliament house to meet joint Parliament committees on energy and trade and industry after they had…

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SA’s Eskom records major losses

Jul 31, 2019

Power utility Eskom on Tuesday recorded a net loss after tax of R20.7 billion in the year ended March, up from a previous loss of R2.3 billion. This was revealed at the release of the utility’s 2018/2019 integrated annual results at its Megawatt Park offices in Johannesburg. The board of the utility led by Jabu…

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Ghanaian Govt suspends power concession agreement with PDS

Jul 31, 2019

Government has suspended the concession agreement with Power Distribution Services (PDS), bringing back the Electricity Company of Ghana (ECG) to be in full control of power distribution. According to Information Minister, Kojo Oppong Nkrumah, the decision was taken after government detected “fundamental and material breaches of PDS’s obligation in the provision of Payment Securities (Demand Guarantees) for…

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Zimbabwe’s private sector gives nod to power tariff hike

Jul 31, 2019

The private sector has said it is ready to pay a cost reflective power tariff of up to the equivalent of US$0,14 per kilowatt-hour to guarantee constant supply of electricity in the county. Zimbabwe National Chamber of Commerce (ZNCC) chairperson Mike Kamungeremu, revealed this at a breakfast meeting held in the capital yesterday. This development…

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MCA-L boosts LEC’s capacity to connect customers with $576,000 in parts and utility poles

Jul 30, 2019

The Millennium Challenge Account-Liberia (MCA-L) equipped the Liberia Electricity Corporation with US$576,000 in spare parts and utility poles to improve the Corporation’s network reliability and accelerate customer connections. The spare parts, which are valued at $353,000, will be used for repair and maintenance of LEC’s 18 megawatt (MW) heavy fuel oil (HFO) power plant on…

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Ghanaian Govt to end take or pay policy in energy sector from August

Jul 30, 2019

Ghana’s Minister for Finance Ken Ofori-Atta has hinted that, government will from August this year do away with take or pay policy in the energy sector which is crippling the sector financially. The Minister, described the country’s energy sector as being in a ‘state of emergency’ due to some take or pay power contracts the…

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