US$375 million project to transform the supply of affordable electricity in Mozambique
London, 1 February 2017 – GL Africa Energy, a UK company established by Kenyan entrepreneur Humphrey Kariuki, has been awarded a US$375 million tender to build and operate a 250 megawatt (MW) gas-powered plant in north eastern Mozambique.
GL Africa Energy UK, will build a power plant at Nakala District and utilize gas from the Rovuma basin to generate electricity.
Mr Kariuki said:
“We are delighted to have been selected by the Government of Mozambique to help harness the significant potential of the Rovuma Basin gas reserves. Through state-of-the art power projects such as the Nakala District facility, GL Africa Energy is playing a vital role in generating affordable power to address the significant energy shortfall in the region and drive the development of the African continent.”
GL Africa Energy UK, is among three firms that have been selected from 14 firms that originally bid for the Natural Gas Development Projects in the Rovuma gas basin. Norway’s Yara will produce fertilisers and 30-50MW of electricity, while Shell Mozambique will produce diesel and 50-80MW of power, Mozambique’s National Petroleum Institute said.
Mr Kariuki has interests in diverse local and regional companies including regional oil marketer Dalbit Petroleum, the Hub Karen Mall, The Fairmont Mount Kenya Safari Club, WOW Beverages (formally Wines of the World), Africa Spirits Limited among other companies.
GL Africa Energy UK currently operates a 103MW power plant, in Ndola, Zambia. The project is a key milestone towards fulfilling GL Africa Energy’ UK’s mission to generate 1,000MW of power in the Great Lakes and Southern Africa region by 2020.
GL Africa Energy is a UK registered company that invests in energy solutions in the Great Lakes and Southern Africa regions. GL Africa Energy UK currently operates a 103MW power plant, in Ndola, Zambia. The company is a member of the Southern Africa Power Pool.
Our mission is to power the Great Lakes and Southern Africa by developing and managing state-of-the-art power projects generated from the most efficient and affordable local sources of energy.