Abuja — This year's N6.06trillion budget as passed by the National Assembly (NASS) will pay strict attention to addressing perennial issues in power, housing and transport infrastructure, which got the lion's share of the capital votes.   The total budget figure is, however, N17 billion less than the 6,077,680,000000 proposed on December 22, 2015 by President Muhammadu Buhari .   A review of the sectoral allocations of the.... Read more »

Posted on : Saturday , 26th March 2016

Luanda — The Angolan Government has invested about Usd 900 million in the Soyo Combined Cycle power project in northern Zaire province.   The information was released Tuesday by the minister of Energy and Water, João Baptista Borges, who said the project will be complete in 2017.   The project that involves several power substations and transportation lines will produce 750 MW, to meet a large part of the needs of the.... Read more »

Posted on : Thursday , 24th March 2016

President Muhammadu Buhari on Monday said his administration has set a target of delivering 10,000 megawatts of electricity generation in the next three years.   The president, who stated this while addressing the National Economic Council retreat held at the State House, Abuja, said this year alone the administration would add 2000 megawatts to the national grid.   Mr. Buhari assumed office on May 29 last year.   He said,.... Read more »

Posted on : Wednesday , 23rd March 2016

Maputo — The Mozambican and Zambian Presidents, Filipe Nyusi and Edgar Lungu, on Saturday inaugurated a floating power station in Nacala in the northern province of Nampula.   The power station can generate 100 megawatts and can supply northern Mozambique and Zambia.   The Turkish vessel containing the power station has been docked at Nacala port since 18 February. 110 kilovolt cables were connected, linking the ship to two.... Read more »

Posted on : Tuesday , 22nd March 2016

Kenya will set up investors near geothermal plants to cut the cost of electricity and offer subsidies in order to compete with her neighbours.   Mr Mohamed said on Thursday that they will set up investors at the shores of Lake Naivasha near the geothermal power plant to cut transmission charges to make Kenya attractive.   "We are going to set them up at Naivasha near the geothermal plant where power is much cheaper since it is.... Read more »

Posted on : Saturday , 19th March 2016

Abuja — President Muhammadu Buhari has appreciated the support of the International Atomic Energy Agency, IAEA, for Nigeria's quest to generate 4,000 megawatts of electricity using nuclear energy.   This came as Ministers of Power, Solid Minerals, Health, Science and Technology told President Buhari that Nigeria would soon start a program that will help the country realize the objective.   According to them, it will commerce.... Read more »

Posted on : Saturday , 19th March 2016

President of the African Development Bank, Dr. Akinwumi Adesina, says the new deal articulated by the bank on energy for Africa in 2015 will add 160 gigawatts, GW, of new electricity generation capacity to Africa's power grids by 2025.   In September 2015, the Bank articulated a New Deal on Energy for Africa and launched a Transformative Partnership on Energy for Africa to light up and power the continent by 2025.   Adesina, who.... Read more »

Posted on : Friday , 18th March 2016

Lilongwe — New Switzerland Ambassador to Malawi, Ruth Huber Thursday said her focus to the country will be to assist the nation to have improved energy sector and be food secured.   After presenting letters of credence to President Prof. Peter Mutharika, Huber said Switzerland and Malawi have had a mutual bilateral relationship for about 15 years now.   She said as one way of strengthening the friendship, she will also join.... Read more »

Posted on : Tuesday , 15th March 2016

A fund was launched to finance power production projects using thermal energy underground in countries of East Africa with a capital of $140m, according to the Africa-EU Commissioner for Energy and Infrastructure Elham Ibrahim.   Ibrahim explained that the fund’s capital consists of contributions from member countries, including some EU countries, worth $30m. Germany’s contributions are worth $20m, and England’s.... Read more »

Posted on : Friday , 11th March 2016

6 billion yen ($408 million) loan agreement to go towards building a 140 megawatt (MW) geothermal power plant that is expected to be operational within the next two years, the two governments said. Read more at: http://www.standardmedia.The plant, know as Olkaria V, will be built by Kenya Electricity Generating Company (KenGen), which has said it expects to begin construction in July, with the plant arriving on the grid by the end of 2018. The.... Read more »

Posted on : Thursday , 10th March 2016

South African President, Jacob Zuma has pledged that his government willingness to help Nigeria in the generation of electricity even as he declared that it can also assist in the exploration of solid minerals.   Zuma, who made the pledge while addressing to a joint session of the Nigerian National Assembly in company of President Muhammadu Buhari yesterday, said there is potential for greater business to business engagements between the.... Read more »

Posted on : Thursday , 10th March 2016

Pretoria — Government says it will keep the development of the energy sector high on its priority list as this is key to easing constraints to economic growth.   The Economic Sectors, Employment and Infrastructure Development cluster, chaired by Rural Development and Land Reform Minister Gugile Nkwinti, on Tuesday, briefed media to give an update on the implementation of the Nine Point Plan.   The plan, which was announced by.... Read more »

Posted on : Thursday , 10th March 2016