Power

ETHIOPIA INVITE BIDDERS FOR DIDESA POWER PROJECT

Posted on by Gambeta News
ETHIOPIA INVITE BIDDERS FOR DIDESA POWER PROJECT

Ethiopia Electric Power (EEP) invites bidders for 550MW Didesa hydroelectric power project. Ethiopia Electric Power (EEP) Corp is inviting private project developers for the financing and construction of the 550MW Didesa hydroelectric power project. Selection of the project company will be based on the least bid price and tariff charges in USD/MWh. Successful bidders will enter into a long term Power Purchase Agreement (PPA) with EEP for the projects. The Agreement is for the capacity and electrical output of…

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ZIMBABWE SOLAR FARM RECEIVES US$52m GUARANTEE

Posted on by Gambeta News
ZIMBABWE SOLAR FARM RECEIVES US$52m GUARANTEE

Gwanda solar farm, Zimbabwe receives US$52m guarantee. Part of Zimbabwe national strategic power projects, Gwanda solar farm have received a US$52m guarantee from CHiNT Electric. The Chinese electrical engineering group is ready to provide a guarantee covering 30% of the Engineering, Procurement and Construction (EPC) aspect of the 100MW solar project. This solar project certainly comes with the expectation of closing the country’s severe shortage of power. The project contractor, Zimbabwe Power Company (ZPC), has a contractual obligation…

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WEST AFRICAN MINING AND POWER EXPO (WAMPEX) 2018

Posted on by Gambeta News
WEST AFRICAN MINING AND POWER EXPO (WAMPEX) 2018

ACCESS THE MINING HUB OF WEST AFRICA ACCRA INT’L CONFERENCE CENTRE, GHANA 30 MAY – 1 JUNE 2018 West African Mining and power expo is an unrivaled international platform for business opportunities. Exhibitors from around the world participate at WAMPEX to showcase latest technologies, innovations and products. In addition WAMPEX runs alongside the West African Mining & Power Conference where senior government and industry heads and influencers discuss policy, legislation, challenges and market developments. After 24…

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KenGen builds 67MW hydropower plant in Tana River

Posted on by Gambeta News
KenGen builds 67MW hydropower plant in Tana River

KenGen new hydroplant will supply power at cheaper rate. KenGen the power producing company is progressing to build a 67 megawatt (MW) hydropower plant on Tana River. The plan started after 6 yeasr study of the dam. Most of all the budgeted price of electricity from this firm is Sh10 per unit (US$0.10), while diesel is twice the cost. The Tana River is channeled to pure in the proposed Karura dam, reducing displacement of communities. This…

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NNPC SIGNS US$1.7bn DEAL WITH CHEVRON TO INCREASE CRUDE PRODUCTION

Posted on by Gambeta News
NNPC SIGNS US$1.7bn DEAL WITH CHEVRON TO INCREASE CRUDE PRODUCTION

NNPC and Chevron sign agreement aimed at boosting reserves and production of crude in Nigeria. The Nigerian National Petroleum Corporation ( NNPC ) and Chevron Nigeria Limited (CNL) have finalized an Alternative Financing Agreement to increase crude production by about 39,000 barrels per day. This report is according to a statement issued by the NNPC Group Managing Director, Dr Maikanti Baru. The agreement which was signed in London, is expected to achieve an incremental peak…

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