Market News

Chinese firm to build Sh2.6b power line to Tanzania
Chinese firm to build Sh2.6b power line to Tanzania
20 October 2016

 The Kenya Electricity Transmission Company has contracted Chinese firm North China Power Engineering Company to construct a 96 kilometre power transmission line running between Isinya and Namanga at a cost of Sh2.6 billion. This is part of the Kenya-Tanzania interconnector line that will hook . . .

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Large Floating Power Plants Helping to Electrify Africa
Large Floating Power Plants Helping to Electrify Africa
18 October 2016

A floating power plant isn't something you see every day. The massive ships look like plants you'd see on land complete with tall exhaust stacks—except these plants are bobbing in the ocean.   They might look odd, but for people in growing economies around the world, the ships are a wel . . .

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East Africa: Africa's Largest Wind Farm on Schedule for Completion In 2017
East Africa: Africa's Largest Wind Farm on Schedule for Completion In 2017
18 October 2016

With 155 turbines of 365 turbines installed in the past six months, Lake Turkana Wind Power project has achieved a has achieved a new milestone well ahead of the completion deadline of next year.   The 310 MW turbines, which are attached to 52 meter rotors are hoisted on towers stretching up . . .

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Tanzania: Tanesco Project to Benefit Kenya
Tanzania: Tanesco Project to Benefit Kenya
12 October 2016

 The Tanzania Electric Supply Company Limited (TANESCO) has signed a US $309.26 million dollars (about 673.62bn/-) contract for implementation of 414 kilometres power interconnection transmission line project to link Tanzania and Kenya.   It will be constructed from Singida via Arusha to . . .

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Tanzania secures $259 mln funding for power grid link with Kenya
Tanzania secures $259 mln funding for power grid link with Kenya
11 October 2016

 Tanzania has secured $258.82 million from the African Development Bank and the Japan International Cooperation Agency for a high voltage electricity line to connect its national power grid to Kenya's, its power utility said on Sunday. The 400 kilovolt (kV) line will be completed within two ye . . .

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