Market News

 Tanzania Electric Supply Company (Tanesco) Managing Director, Engineer Felchem Mramba, said although renewable energy technology is currently expensive but the future remains in exploiting wind and solar.   “Traditional energy sources such as gas and coal will be depleted over tim . . .

Global nuclear giant Rosatom incorporates more than 350 companies worldwide and includes civil nuclear companies that specialize in power generation and nuclear fuel production, nuclear and radiation safety complex facilities, fundamental and applied science, nuclear medicine organizations, as well . . .

 A new high voltage power line that will be constructed to link geothermal power plants in Olkaria to Kisumu is set to start on May, Kenya Electricity Transmission Company Ltd (Ketraco) has said and complete in June 2017.   The power line project, which is expected to cost US$ 93m, aims . . .

 State power generator KenGen is looking at floating asset-backed securities to finance more than Sh80 billion in energy infrastructure over the next two years KenGen, which has already pegged its Sh30 billion Rights Issue for the second quarter of this year needs Sh118 billion to finance its . . .

In a bid to positions itself as the nerve center of the East African Community, and gateway into the greater East Africa, the government is planning to start construction of the mammoth Lamu Port Southern Sudan-Ethiopia transport or LAPSSET corridor project next month The project, which covers kenya . . .