The Islamic Development Bank (IDB) and the African Development Bank (AfDB) have announced that they will jointly be supporting the Mambilla Hyrdo Power Project in Nigeria.
Nigeria is working at delivering a full-fledged private power sector by June 2011. The policy shift appears to be a key deliverable that the present government wants to have in place before the next election.
The Power Holding Company of Nigeria (PHCN) reached a capacity of 3800 MW in June 2010, and is trying to achieve a capacity of 6000 MW by the end of 2010.
After being unable to attract funds from potential investors to build new power stations and upgrade existing units, Zimbabwe’s power expansion plans have failed to make any progress.
The Nigerian Electricity Regulatory Commission (NERC) is to review the Multi Year Tariff Order (MYTO) for electricity, particularly for bulk purchasers.
The South African power utility Eskom should be broken up, according to Ian McRae, a former Chief Executive from 1985-1994 of Eskom.
Nigeria and the USA are in discussions over plans to collaborate on IPPs to increase Nigeria’s electricity generation capacity from its current level of 3700 MW to 10,000 MW by 2011.
ZESCO (Zambia Electricity Supply Company) has asked for permission to increase its electricity tariff’s for 2010/11 by 36 per cent, in line with its roadmap to become self-supporting, according to ZESCO’s Acting Managing Director, Ernest Mupwaya.
Ghana has expressed doubt over the ability of Nigeria to supply gas needed for power generation in three countries under the West African Gas Pipeline Project (WAGPP).
South African utility Eskom has said that the country will have a power surplus during this year’s football World Cup, but that supply will be very tight from 2013 to 2014, and the country will have to save energy to avoid blackouts.