Ethiopia: Drilling Contract Signed for 50 MW First Phase of Tulu Moye Geothermal Project

KenGen, Tulu Moye Geothermal Operations sign drilling contract (Addis Standard)

A contract to begin drilling works for phase one of Tulu Moye project in Ethiopia was signed yesterday between Kenya Electricity Generating Company Limited (Kengen) and Tulu Moye Geothermal Operations PLC (TMGO) at Hilton Hotel in Addis Ababa.

Accordingly, TMGO will design, finance, build, operate and maintain geothermal powerplant including drilling of geothermal wells. “The project with an estimated capacity to generate 150MW will be developed in two phases (Phase one – 50 MW, Phase two-100MW) to produce electric power in the Main Ethiopian Rift Valley, Oromia Regional State, Arsi & East Shewa zones, and sell the power to Ethiopian Electric Power.”

TMGO is joint venture between Meridiam, French based global investor & asset managing company & Reykjavik Geothermal Ltd, Icelandic based Geothermal developing company.

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From the Global Geothermal News archives:

• Wednesday, July 3, 2019 - Ethiopia: Site Preparation Underway at Tulu Moye Geothermal Project
• Friday, June 14, 2019 - Ethiopia: Kengen Wins Contract to Provide Geo-Scientific Survey and Drill Eight Wells at Tulu Moye Geothermal Operations
• Monday, October 29, 2018 - Ethiopia: Contract Signed to Develop 50 MW Tulu Moye Geothermal Power Plant
• Friday, August 24, 2018 - Ethiopia: USTDA to Support Development of First 50 MW at Tulu Moye Geothermal Project
• Wednesday, December 2, 2015 - Ethiopia: Reykjavík Geothermal Awarded $1 Million for Exploration at Tulu-Moye Geothermal Prospect