EoI launched for Phase 1 of 520-MW geothermal project in Ethiopia - News Summed Up

EoI launched for Phase 1 of 520-MW geothermal project in Ethiopia


EoI launched for Phase 1 of 520-MW geothermal project in EthiopiaApril 16 (Renewables Now) - An Ethiopia-incorporated energy company is looking for contractors for the first phase of a long-term geothermal development programme with a total capacity of 520 MW. Tulu Moye Geothermal Operations Plc (TMGO) is inviting expressions of interest (EoI) from parties ready to participate in the 50-MW Phase 1 of the Tulu Moye project in the Eastern Rift Valley, Ethiopia. The selected contractor will be tasked with delivering a fully functional geothermal power plant and the associated steam field gathering system. The company is owned indirectly by Meridiam Infrastructure Africa Fund, which in turn is managed by Paris-based asset manager Meridiam and Reykjavik Geothermal Ltd. The entire project has a power purchase agreement (PPA) in place with Ethiopian Electric Power (EEP).


Source: Ethiopian News April 16, 2019 09:00 UTC



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