Market News

 Electricity generation in the country has hit 4,044 megawatts (MW) on account of improved gas supply to  generation stations and the rise in the water level at the various hydro power stations typical of the rainy season. The generation level, according to sources in the power sector, is . . .

 Tanzania has the potential of bringing birth to one billion tons of high quality thermal coal. The expected one billion tons of thermal coal would come from Tancoal proven coal resources that are in the excess of 200 million tons, plus the Ngaka Basin, Mbalawala and Mbuyura/ Mkapa sub-basins. . . .

 Kenya and Tanzania are to float a tender in September for the construction of a transmission line capable of transferring 2,400MW of electricity.   The 400 kilovolt high voltage overhead transmission line is expected to cover about 510 kilometres from Isinya in southern Kenya to Singida . . .

 Africa has the potential to be a leader in the energy storage space, says Basil Read Energy director, Ian Curry. “We have to go for this distributed power generation solution, [while] accommodating storage. Storage is a technology and an industry that is coming into maturity and Afric . . .

  Ngaka — THE government has been assured that Ngaka coal mine reserves can serve the country for more than 100 years producing 300KW of power and other commercial needs.   Permanent Secretary in the Ministry of Energy and Mineral, Mr Eliakim Maswi, was told that the projection was . . .