electricity Archives - Page 4 of 4

ANGOLA: 5TH IN AFRICA HYDRO-POWER RANKING

Posted on 19 June 201819 June 2018 by Gambeta News

Angola moves from 11th to 5th in Africa hydropower ranking. Hydro capacity in Angola have grown from 400MW in 2016 to 1,108MW in 2017. This progress have moved the country to become one of five (5) largest hydropower(s) in the continent. The local Laúca and Cambambe dams are also responsible for putting the country on the 2017 list of five nations with most increased hydroelectricity capacity. Also, according to the International Hydroelectric Power Association (IHA) reports, in…

ETHIOPIA INVITE BIDDERS FOR DIDESA POWER PROJECT

Posted on 10 May 201810 May 2018 by Gambeta News

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…

NIGERIA TO START ELECTRICITY TRADING WITH NEIGHBOURS

Posted on 11 April 201811 April 2018 by Gambeta News

Nigeria will begin trading electricity with other West African countries by June this year. The regulatory body for electricity trade in West Africa, ECOWAS Regional Electricity Regulatory Authority (ERERA) in conjunction with West African Power Pool (WAPP) is hoping to launch the regional electricity market by June. Therefore, there will be synchronization of all the electricity across the sub region. So from Nigeria to Cote D’Ivoire, will be on the same power frequency. Under this arrangement, Nigeria will be…

ERONGO RED COMMISSION SUBSTATION AT WALVIS BAY, NAMIBIA

Posted on 23 November 2017 by Gambeta News

US $40m state of the art substation commissioned in Namibia, that will increase electricity consumption from 60mw to 120mw at a capacity of 11kv. Erongo Red which is a Namibia regional electricity distributor has commissioned a state of the art substation that will help increase the production and distribution of electricity in walvis bay. Walvis bay’s electricity which consumed about 60MW will now be increase to 12oMw after the substation was constructed that can transfer…

ITALIAN FIRM TO BUILD 100MW SOLAR FARM IN ETHIOPIA

Posted on 25 October 2017 by Gambeta News

Ethiopia 100MW Solar farm project to get US$120m from Italian Firm. An Italian multinational manufacturer and distributor of electricity and gas, Enel Electricity Company whose Enel Green Power unit lead a consortium has been selected as the preferred bidder for a 100 megawatt solar farm in Ethiopia. The Consortium which also includes Ethiopian infrastructure company Orchid Business Group is to invest US$120 million in the project. Antonio Cammisecra, Enel Green Power boss said Ethiopia, which Africa’s most populous state after Nigeria,…

NIGERIA APPROVES PAYMENT OF US$ 72M DISCO ELECTRICITY BILL DEBT

Posted on 6 October 20179 October 2017 by Gambeta News

Nigeria government approves electricity bill debt payment but the amount not accepted by Disco. The approval of the payment which is up to US$72million is for power consumed by Ministries, Departments and Agencies (MDAs). The fund which is expected to be paid to the Electricity distribution companies is actually below what they are requesting and are claming that the money is suppose to be US$ 194million. Minister of Power, Works and Housing, Babatunde Fashola; ”The electricity companies may…

NIGERIA GOVERNMENT APPROVES US$5.7bn FOR CONSTRUCTION OF 3,050MW ELECTRICITY PROJECT

Posted on 20 September 201720 September 2017 by Gambeta News

President Muhammadu Buhari, approved 5.792 billion dollars (about N1.140trillion) for the construction of the 3,050 megawatts Mambilla Hydro-Power project at Gembu in Taraba. “Nigeria started talking about it since 1972; that is about 45 years ago. said The Minister of Power, Works and Housing, Mr Babatunde Fashola. He also said, ”Several efforts had been made to bring it to reality but I’m happy to announce that this government approved the contract today to joint ventures of…

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