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Icelandic engineering group signs contract for Tulu Moye geothermal project, Ethiopia

Contract signature event M-V and TMGO (source: Mannvit)
Alexander Richter Alexander Richter 29 Oct 2018

M-V, a joint venture by Icelandic engineering groups Mannvit and Verkís has signed a consulting agreement for owner engineering services for the Tulu Moye geothermal project in Ethiopia, East Africa.

In an announcement of this morning, Icelandic engineering firms Mannvit and Verkís report having signed a consulting agreement in Ethiopia.

The jointly owned company M-V is focused on cooperating on international project and has now signed a consulting agreement with Tulu Moye Geothermal (TMGO) for Owner’s Engineer services concerning the development of a geothermal power plant in Tulu Moye, Ethiopia.

M-V will assist TMGO through the development stages, among other things regarding access roads, well pads, drilling and testing of wells and the development of the steam field. M-V collaborates with Landsvirkjun Power, ÍSOR and MGM Consult for this project.

The Tulu Moye geothermal area is located about 150 km southeast of Addis Ababa and 15 km from the town Iteya. In a first Phase of four, TMGO aims at developing a 50 MW power plant with up to 12 production and reinjection wells, with 520 MW ultimately delivered within the eight year development and construction phases.

Source: Company release