India’s Reliance Power has announced that it will invest $5 billion to develop three coal mines and a railway in Indonesia’s South Sumatra, to help support the company’s ambitious domestic programme to boost electricity programme.
The Nigerian government has announced the approval of steps for the sale of 11 power firms, in a bid to solve the power supply situation.
Nigeria’s Presidential Task Force on Power (PTFP) has started consultations with IPPs to determine an appropriate level of tariff. This follows the Federal Government’s directive to the Nigerian Electricity Regulatory Commission (NERC) to review electricity subsidy to ensure that the tariffs reflect the cost of power supply.
Ahmet Aksu, Vice President of the Turkish Privatisation Authority, has said that the country will soon start to privatise electricity generation.
Employee error caused the grid that serves the southern Yukon in Canada to suddenly switch off on 19 August, leaving approximately 14,000 customers without power.
Kenya Electricity Generation Company (KenGen), Kenya’s largest power producer, has said that it has appointed an adviser to help it find a buyer for 19 per cent of the Kenyan government’s stake, reducing the government’s holding from 70 per cent to 51 per cent.
Lake Kivu, which covers an area of 1000 square miles on a border between Rwanda and Congo, lies on a rift that allows methane and CO2 to leak into the bottom of the lake.
With Iran’s nuclear power plant at Bushehr approaching a major milestone, Iranian officials say that they are looking to expand the programme with more such plants.
A senior South Korean government official said that it is on the verge of signing a deal to supply a nuclear power plant to Turkey ahead of schedule.
Iran will start generation of electricity from nuclear power in early December, according to Mohammad Ahmadian, Managing Director of Iran’s Atomic Energy Generation and Development Company.