FG begins transmission line, substations project in Ekiti …to add 204MW electricity capacity

The Minister of Power, Engr. Abubakar D. Aliyu, during the groundbreaking ceremony in Ado Ekiti on Wednesday, said the project consists of a 50 kilometre stretch of 132kV transmission line from Ikere (Ado Ekiti) with a turn in – turn out at Ijesa Isu that terminates at Ilupeju Ekiti.
It also has a 2X60MVA, 132/33kV transmission substation with four line bays at Ijesa Isu Ekiti with a switching station at Ikere (Ado Ekiti) in the state.

Read More

Law firm Allen & Overy advises on first long term funding for captive power in SA

Speaking from the African Energy Forum this week, Alexandra Clüver, a partner in international law firm Allen & Overy’s Johannesburg office confirmed that the firm had advised RMB as mandated lead arranger and lenders to the three projects, enabling Harmony to move away from coal power and, for the first time, independently procure its own stable, affordable green power. These are the first long term financed projects closed under the new electricity regulations.

Read More