Market News

 Ethiopia is striving for the operation of the Aluto-Langano geothermal power plant with installed capacity of 70mw power in this fiscal year, the Ministry of Water, Irrigation and Energy said.   Energy Study and Development Follow-up Director, Gosaye Mengistie said over 78 percent of co . . .

 The Kariba power project in Zimbabwe kicked off officially with President Mugabe commissioning on 4th of September; the project is estimated to cost US$533 million and is expected to generate an additional 300MW by 2017.   Speaking soon after the groundbreaking ceremony, President Mugab . . .

 Group Five, a South African firm, has worn a project for designing and construction of a 350Mw gas and oil-fired power plant in Ghana. According to a Group Five spokesman, the Kpone Independent Power Project contract will run for three years in order to see through the construction of the plan . . .

 Preliminary economic and technical evaluations of mineral exploration and development company Kibo Mining’s Rukwa Coal to Power project, in Tanzania, have confirmed the Rukwa mine as a suitable fuel source for a 300 MW mine-mouth coal-fired power station. Kibo said on Tuesday that the i . . .

 Daily power generation in Zimbabwe has improved from an average of 1 200 MW to 1 400 MW following refurbishment of power stations, an official has said.   Zimbabwe is currently facing power shortages as national demand at peak periods is estimated at 2 200 MW.   Demand far outwei . . .