Market News

FG looks to marginal fields for gas to feed NIPP plants
FG looks to marginal fields for gas to feed NIPP plants
22 November 2014

 The Federal Government is looking up to the operators of marginal fields for gas supply to power a number of completed power projects currently bogged down by gas supply challenges.   Last month, the Presidency met with investors in the National Integrated Power Projects, the Niger Delt . . .

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Kenya Power Gets $190m Loan To Boost Local Energy Supply
Kenya Power Gets $190m Loan To Boost Local Energy Supply
20 November 2014

 Kenya Power and Lighting Company (KPLC) has secured a $190 million loan from Standard Chartered Bank to boost production as it seeks to meet the power demands of East Africa’s largest economy.   The loan will be used to upgrade the company’s transmission network to support t . . .

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Tanzania: Over 1,000 to Access Power in Mbinga Next Year
Tanzania: Over 1,000 to Access Power in Mbinga Next Year
12 November 2014

 MORE than 1,100 people in Mbinga district, Ruvuma region, will be connected with electricity next year through the Rural Energy Agency (REA), Parliament was told on Tuesday.   This was said by Deputy Minister for Energy and Minerals, Charles Kitwanga, when responding to a question raise . . .

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Dangote seeks license to build a coal power plant in Tanzania
Dangote seeks license to build a coal power plant in Tanzania
10 November 2014

 Africa’s richest man Aliko Dangote is seeking to be awarded a license for a 75 megawatt (MW) coal power plant in Tanzania.   Energy from the coal power plant will be used to power up the US$ 500m cement factory that is currently under construction in Mtwara Tanzania. The plant wil . . .

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KEPCO to build a nuclear power plant in Egypt
KEPCO to build a nuclear power plant in Egypt
10 November 2014

Korea Electric Power Corporation (KEPCO) has announced that South Korea has signed an MOU with Arab Contractors, the number one builders in Egypt’s construction industry, for the exporting of Korean nuclear power plant to Egypt.   The Egyptian government plans to give public notice of a . . .

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