EPRA Maintains Pump Prices Despite Decrease in Landing Cost
The Energy and Petroleum Regulatory Authority (EPRA) has retained fuel prices for another month despite a jump in the cost of shipping the commodity, and a decrease in the landed [...]
KPC Seeks Adviser in Quest to Acquire Troubled State-Owned Oil Refinery
Kenya Pipeline Company (KPC) is seeking a transaction adviser to help it conclude the takeover of the defunct state-owned Kenya Petroleum Refineries Limited(KPRL). The Corporation has advertised for bids from [...]
$5 Billion EACOP's Shareholders Begin Search for Financiers
Shareholders of the East African Crude Oil Pipeline (Eacop) have begun the search for financiers of the project, whose completion is expected mid this year. The 1,443km pipeline from Hoima [...]Kesses Solar Project Receives $35 Million Loan from EAIF
The Emerging Africa Infrastructure Fund (EAIF) has provided a $35 million loan over a 15 year term to the 40MW Kesses solar project to be built near Eldoret. The project will cost [...]Bamburi Cement switches to Solar Power
Bamburi Cement PLC has signed a Power Purchase Agreement (PPA) with an Independent Power Producer, MOMNAI Energy Limited, to set up two Solar Plants adjacent to the company’s Mombasa Plant [...]TotalEnergies Signs Renewable Energy Deal with Uganda
TotalEnergies has signed a renewable energy deal with Uganda that will see the company explore opportunities and develop renewable energy projects in response to the global push for clean energy. [...]Bboxx, UK firm gets a $ 5.5 Million Loan to Roll Out Clean Energy Solutions in Sub-Sahara Africa
Bboxx, a U.K based company has received a loan of$ 5.5 Million loan from the Africa Go Green Fund for Renewable Energy and Energy Efficiency (AGG), to roll out its [...]Unilever Tea Kenya Plc to Apply for Power Generation Licence
Unilever Tea Kenya Plc has announced its intention to apply for a Licence to generate, transmit and distribute electricity for use within its estates in Western Kenya that include Kericho [...]Kenya Enters Public Private Partnership to Develop Power Transmission Lines
Kenya has signed a Public Private Partnership(PPP) agreement with Africa50 and Power Grid Corporation of India Limited(POWERGRID) to finance, construct and operate the 400 kV Lessos-Loosul and 200kV Kisumu-Musaga electricity [...]Oil Prices rise to $ 80.30 per Barrel-CBK Report
Oil prices increased during the week ending January 6th 2022, largely due to improved oil demand. According to the Central Bank of Kenya(CBK) Weekly Bulletin, this is despite concerns about [...]Power Bills for Kenyans to begin falling this December 2021
Power Bills for Kenyans will begin to fall beginning this month. This follows a directive to the power utility firm by President Uhuru Kenyatta during his speech at the 57th [...]KenGen's Unit 6 Geothermal Plant to be Added to the Grid in 2022
KenGen's construction of the 83 megawatts (MW) Olkaria 1 Unit 6 geothermal plant is nearly complete and is expected to be added to the grid in early 2022. Chief Executive [...]
