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Consortium to invest $600 million in Nigeria’s power distribution
- 2011-09-16 06:14:31
- David Flin
The Nigerian Electricity Regulatory Commission (NERC) has announced that a consortium including the US power company Symbion Power, and Finagestion of France, were set to invest $600 million into Nigeria’s distribution network and generation plants.
Nigeria appeals for private power funding
- 2011-08-18 12:43:41
- Junior Isles
Nigeria will require a regular capital investment of NGN520 billion ($3.4 billion) to increase its electricity generating capacity from the current level of 4.2GW to 13GW by 2013, according to Nigerian Minister of Power, Prof Bart Nnaji.
Nigeria’s power bulk trading takes off
- 2011-08-18 06:06:50
- David Flin
A board has been approved for Nigerian Bulk Electricity Trading (NBET), representing a significant step forward in Nigeria’s power reform programme.
UAE to see 40 per cent generation growth
- 2011-07-26 14:36:16
- Junior Isles
In order to match its growing demand the UAE will achieve nearly 40 per cent growth in its electricity generation by 2020, according to the UAE Power Report from Business Monitor International (BMI).
Ghana to increase power generation and power exports
- 2011-06-24 17:07:57
- Junior Isles
Ghana is to increase power generation from the current 3000 MW to 5000 MW by 2015 in order to become a net exporter of power.
India coal supply struggling to keep pace with generation
- 2011-05-25 15:55:31
- Junior Isles
India currently has 80 000 MW of thermal generation under construction, with commissioning scheduled for 2017, according to government sources. But there have been warnings that coal linkages for half of the plants have yet to be obtained.
Tanzania seeking wind powered solution to generation issues
- 2011-04-18 11:49:31
- Junior Isles
Tanzania is seeking international and domestic investors for wind generation projects to boost power output in the country.
Iberdrola reports a positive Q4
- 2011-02-24 19:01:49
- Junior Isles
Spain's Iberdrola SA has reported that its fourth-quarter net profit rose 0.8 per cent on higher power generation in Spain and bigger profits from the power utility's international operations.
Nigerian generation showing recovery
- 2011-01-28 16:43:45
- Junior Isles
Nigerian power generation, which has recently nosedived due to a number of factors, is rising again. It now stands at 3800 MW and will hit 4000 MW by the end of the first quarter of this year as some plants under the National Independent Power Plants (NIPPs) scheme come on stream.
African Development Bank announces new power funding
- 2010-12-26 18:41:21
- Junior Isles
The African Development Bank (AfDB) has approved over $1 billion to be invested in energy projects in Egypt, DR Congo, Ethiopia, Kenya and Tanzania.
