Market News

Morogoro — The World Bank yesterday approved a $200 million (about Sh440 billion) loan to boost connection of more Tanzanian rural households to electricity.   The World Bank board of executive directors approved the financing for the Rural Electrification Expansion Programme from the I . . .

Arusha — The East African Centre for Renewable Energy and Energy Efficiency (EACREEE) will be hosted at the Makerere University's College of Engineering, Art, Design and Technology.   Speaking at the launch last week, the EAC deputy secretary general (Productive and Social Sectors) Ms J . . .

 Iringa — The implementations of the first phase of projects to interconnect the nation electricity grid to that of Zambia and Kenya is expected to be completed in September.   The project dubbed Backbone Transmission Investment Project (BTIP) will interconnect national grid to tha . . .

 Dodoma — The second phase of the rural electrification programme is 91 percent completed by, the deputy minister for Energy and Minerals, Mr Medard Kalemani has said.   The programme, which is rolled out by Rural Energy Agency (REA) is expected to end this month to pave the way fo . . .

 Kampala — A Chinese construction firm has embarked on the construction of the four mega sub-stations at Luzira, Namanve, Mukono, and Iganga industrial parks.   Mr Mark Namungo, the senior power analyst at the Uganda Electricity Transmission Company Limited (UETCL), said the projec . . .