Page 12 - AfrElec Week 21

AfrElec
NEWS IN BRIEF
AfrElec
Rwanda’s mitigation contribution seeks
a 38 percent reduction in gas emissions equivalent to 4.6mn tonnes of carbon dioxide in 2030.
The emissions that include gases carbon dioxide, methane nitrous oxide, and hydrofluorocarbons are from the sectors of energy, industrial processes and product use, waste, and agriculture, forestry and other land use and others.
GRID
Egypt to export electricity to Saudi Arabia
The electricity interconnection project between Egypt and Saudi Arabia will be launched in mid-June, said Sabah Mashaly, chairman of the Egyptian Electricity Transmission Company (EETC).
She said that the project cost was estimated at about $1.6bn. The Saudi side bears $1bn and Egypt will finance the rest, as each country bears the value of the work done
on its lands. The project aims to exchange 3,000MW of electric power daily at peak times, she said.
Mashaly noted that the implementation of the project will begin in June after contracts are signed with the companies that win the bids for the construction of the infrastructure to enable electricity interconnection between Egypt and Saudi Arabia.
In 2013, Egypt and Saudi Arabia signed
a cooperation agreement to establish the electricity interconnection project between the two countries, but the project was repeatedly postponed, most recently because the connection lines overlapped with those of the Saudi NEOM project.
The new route for the electrical interconnection project with Saudi Arabia has been set, after modifying the main route for the NEOM project.
AfDB completes South Sudan’s grid project
South Sudan’s Juba Power Distribution System Rehabilitation and Expansion Project – implemented by the African Development Bank (AfDB) – is almost complete and is expected to promote security and transform lives and businesses in the capital city.
The AfDB and South Sudan’s government partially commissioned the power distribution network in November 2019, which has restored electricity supply in Juba’s central business district. The power grid is expected to add 100MW to the grid when fully completed. So far, 6,131 households and businesses have been connected to the grid.
The Juba Power Distribution System Rehabilitation and Expansion Project is
one of the AfDB’s first major energy sector interventions to improve livelihoods and build resilience in South Sudan. The government provided land for the construction of five customer service centers.
Electricity rehabilitation in South Sudan will unlock economic potential to drive growth and development. The network expansion will be phased out slowly into other cities and finally linked to neighbouring countries.
Masari urges Nigeria’s
KEDCO to improve grid
services
Governo Aminu Masari of Katsina State, has urged the Kano State Electricity Distribution Company (KEDCO) to improve its services to the state.
Masari made the call in an interview with the News Agency of Nigeria (NAN) on May
23.
The governor spoke shortly after the Chief
Operating Officer of the Organisation, Mr Vijaykwnae Sonawane, donated palliatives on behalf of the organisation, to be distributed to
the vulnerable groups in the state.
He said that there were many complaints
from different homes in the state on poor services by KEDCO and, therefore, urged the management of the company to sit up.
He pointed out that his administration was partnering with KEDCO with a view to providing dividends of democracy to the people.
“It is in view of this that we are giving the company between N42 to N43mn every month since my assumption of office in the past five years.
“I, therefore, urge KEDCO to improve its services to the people,” Masari said.
GAS-FIRED GENERATION
Orca Exploration Group
announces completion of
Q1-2020 interim filings
Orca Exploration Group announces that it has filed its condensed consolidated interim financial statements and management’s discussion and analysis for the three month period ended March 31, 2020, with the Canadian securities regulatory authorities. All amounts are in United States dollars unless otherwise stated.
Revenue for Q1-2020 decreased by 11% to $17.7mn compared to the same prior
year period. The decrease is primarily a result of decreased sales to the Tanzanian Electric Supply Company (TANESCO) under the Portfolio Gas Supply Agreement and a smaller current income tax adjustment due to lower revenues. Gas deliveries for
the quarter decreased by 8% compared to the same prior year period. The decrease
in gross sales volume was primarily due to the increase in hydropower generated due
to higher than normal rainfall during the past six months which decreased sales of natural gas to TANESCO and Songas. This was partially offset by an increase in sales to
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Week 21 28•May•2020