Market News

Siemens will now supply electrical components for the Suez Thermal Power Plant in Egypt. The latter was supplied by East Delta Electricity Production Company’s (EDEPC). Siemens has also been tasked with the installation and commissioning of equipment supplied by this company. The 650MW Suez . . .

    Swala Energy Limited has announced a Share Purchase Plan to raise up to A$5.0 million (US $4.4 million) to fund additional near-term work on the Company’s Tanzanian and Kenyan licences, as well as for business development and general administrative purposes. The c(SPP) is to b . . .

Africa is to have the largest independent power plant built in the Sub-Saharan region, Ghana.  Cenpower Generation Limited has already signed an agreement for construction of Kpone Independent Power Plant (KIPP) in the Tema industrial zone at a cost of US$900m to finance the project. The Com . . .

    Five African countries will benefit from the Africa Biogas Partnership Programme (ABPP) that will see construction and installation of 100, 000 biogas plants by 2017. The program, a partnership between Hivos and SNV, will see about half a million populations in Ethiopia, Kenya, Ugand . . .

Work on the 140mw Olkaria IV power plant, Naivasha, is complete.   The plant will be commissioned on Friday by President Uhuru Kenyatta.   Energy Cabinet Secretary Davis Chirchir said the area is already producing 210mw of the expected 280mw.   He said the 210mw has been pumped . . .