Market News

 All is set for construction of the to-be-largest ever thermal power in Morocco, Safi thermal power plant, after signing of investment contract relating to the setting up of the plant. The signing of the contracts was done in presence of Government Chief Abdelilah Benkirane in Rabat on Wednesda . . .

 Cairo — Egypt's cabinet amended on Wednesday the law governing the New and Renewable Energy Authority (NREA) to allow the authority to form companies to produce and sell electricity.   The NREA works under the auspices of the ministry of electricity. It is concerned with carrying . . .

 The transitional electricity market (TEM), a stage that will ensure accountability and boost further investment in the Nigerian electricity market is expected to come on stream in November, BusinessDay has learnt. It was gathered that the Nigerian Electricity Regulatory Commission (NERC) had . . .

 Kaduna Electricity Distribution Company (KEDC) is to commission three new injection sub-stations at the Nigerian Air Force Base, Mothercat and Hanwa in Zaria, Kaduna State, to improve power supply in the state, KEDC Chief Executive Officer, Alhaji Idris Mohammed, has disclosed. Speaking in Ka . . .

 The Minister of Power, Prof. Chinedu Nebo has disclosed that the proposed National Policy on Renewable Energy and energy efficiency has been conceived by Government to drive its quest for electricity expansion nation-wide.   The Minister, who was represented by his Senior Special Assist . . .