Monday, June 8, 2015

Rwanda:

Rwanda Applies for Geothermal Financing (East African Business Week)

The Energy Development Corporation Limited (EDCL) has applied to the Geothermal Risk Mitigation Fund (GRMF) for exploration drilling in Kinigi, northern Rwanda.

Emmanuel Kamanzi, the EDCL Managing Director said, “Geothermal is at the exploration stage and the existence of the resources is yet to be proven. Four prospect areas were identified that is, Gisenyi, Bugarama, Kinigi and Karisimbi.

Two exploratory wells were drilled in 2013 and 2014 at Karisimbi prospect, but no resource was proven. More detailed surface investigations are planned to start this year for two prospects in the Northern and Western provinces namely Kinigi and Gisenyi respectively for possible exploration drilling,” he said.

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