Market News

 Edenville Energy, the company developing an integrated coal-to-power project in western Tanzania, has provided an update on the status of the financial modelling work for the project.   A newly constructed financial model for the company's Rukwa coal-to-power project has been completed . . .

 Several neighbouring countries of Ethiopia are showing choice of fulfilling their electric power demand by purchasing from the country. Recently, Tanzania has announced readiness to sign 400 MW power purchase deal with Ethiopia. The project brings nations towards a consensuses of utilizing the . . .

 Sinohydro Corp. has released the commercial and technical feasibility study for the Ngaka minemouth power plant project in southeast Tanzania. The project is owned by Intra Energy Corp.   Financial evaluation of the project is expected to be released in early October.   According . . .

 The government of Tanzania said on Saturday it will connect the country's gas-rich southern regions of Mtwara and Lindi to the national electricity grid.   Sospeter Muhongo, the east African nation's Minister for Energy and Minerals, told Parliament in the political capital Dodoma that . . .

 Tanzania is set to sign electricity power export deal with Ethiopia making it the fourth African country purchasing electricity from the latter.   Ethiopia’s national power company (EEP) on Saturday announced that Tanzania has agreed to purchase 400 MW of Ethiopia’s hydro-po . . .