M a r k e t N e w s

New firm gets concession to extract methane gas from Lake Kivu

Posted on : Tuesday , 29th January 2019

Rwanda’s energy targets are set to get a boost following the government’s decision to provide a concession to a private investor to start production of methane gas from Lake Kivu.

On Monday, a cabinet meeting chaired by President Paul Kagame approved the decision that allows Rwanda Development Board (RDB) to enter concession and implementation agreement with Gasmeth Energy to extract methane gas.

It was not immediately clear how much the new firm would be injecting into the extraction exercise or how much energy they are looking at putting to the national grid.

Government wants to provide energy access to all Rwandans by 2024 under the country’s transformation agenda.

To realise this, efforts have been made to attract private investors to take on some of the energy production activities as well as establish alternative sources of energy.

Gasmeth Energy is the latest private player in the energy sector, particularly in the production of methane gas at Lake Kivu.

There are already two private investors that currently extract methane gas from Lake Kivu; Contour Global and Symbion Power.

Contour Global’s KivuWatt Project currently produces 26.4MW with plans to produce 100 megawatts during its second phase of work, while US-based Symbion Power owns two plants all of which are located at the shores of Lake Kivu.

Symbion Power, an energy development company which entered a concession agreement with the government in 2017, separately owns Kibuye Power (KP1) and Lake Kivu 56 projects.

According to the information from the Ministry of Infrastructure, Kibuye Power (KP1) located in Rubavu district has been generating around 3MW of electrical power with the design capacity of 3.6 MW.

The Kivu 56 project, on the other hand, is planned to supply 56 megawatts of power into Rwanda’s grid under a 25-year concession. It plans to generate 56 megawatts of power.

The power plant will be located on Nyamyumba sector in Rubavu District.

KP1 originated as an earlier pilot project while Symbion acquired the plant in 2016 to upgrade it from 3.6 megawatts to 25 megawatts.

Symbion Power said last year that the upgrade is expected to be added to the country’s grid system under a separate 25-year concession.

Meanwhile, the Methane in Lake Kivu is estimated to have capacity to generate 700 MW of electricity over a period of 55 years. Rwanda’s share of the total generation potential is about 350 MW, with the rest being the share of DR Congo.
 

Source : newtimes.co.rw
Featured Companies
  • dubaiexporters.com

Complete List  

Advertisers in previous issue:

  • Catering for the most varied industrial storage requirements.
  • EMI has a qualified and dedicated team of managers with vast experience in their respective areas of work.
  •  Triveni Turbine Ltd. is a leading industrial steam turbine manufacturer, with a dominant market share of 58% in India.
  • Bakery Equipment, Flour Mill, Bread Improver, Dried Fruit Processing machine
  •  Magazine for Africa
  • Sonmez Makina Ltd. is a manufacturer and exporter company for filling systems of domestic use LPG cylinders.
  • All type conveyor belts for internal & external location tapis roulant de tout genre pous deplacement a l
  • Air Conditioning Hire
  • LINTEC doub- le screen technology and the worlds first asphalt mixing plant in 100% ISO sea containers.
  • IAC understand your system requirements, and can offer valuable input, be it design, consulting, training, or technical support.
  • Suppliers of generators for every application
  • Dedicated to the Engineering Manufacturing Sector in India
  • South African incinerator and cremator designer and manufacturer making significant inroads into overseas markets.
  • Engineering Expo, is India’s largest multi-location trade show on manufacturing
  • A world leading name in Heat Transfer Technology
  • Seco actively contributes to improving your productivity and competitiveness in metal cutting machining.
  •  Ratan Projects & Engineering Co. Pvt. Ltd. is the flagship company of the Ratan
  • Industrial  machinery
  • Pumps for dewatering, ground water control, sludge and slurry handling.
  • Leading manufactures and expoters of the electronic products
  • Hevt Duty Machinery
  • Manufacturer of extrusion lines,extruders and down stream equipment.
  • Luminous Power Technologies Limited is a leading company with a differentiated portfolio of solutions for packaged power, diversified generation, electrical control & safety and energy optimization.
  • Speco Ltd. is the leading manufacturer & supplier of Asphalt Mixing Plant, Concrete Batching Plant, Crushing Plant & Optimized Integrated Flue Gas Treatment System.
Afrotrade International Marketing, Tel: +971-50-6285684
© 1998-2025 Afrotrade