Read more" /> Tulu Moye geothermal project in Ethiopia signs EPC contract

News

Tulu Moye geothermal project in Ethiopia signs EPC contract

Tulu Moye geothermal project in Ethiopia signs EPC contract Tulu Moye EPC contract signing ceremony, Addis Ababa, Ethiopia (source: facebook/ Ethiopia Ministry of Mines)
Alexander Richter 30 Mar 2022

In a ceremony today, Tulu Moye Geothermal (TM Geothermal Operation PLC) signed the EPC contract at the Ministry of Mines and Petroleum (MoMP) in Addis Ababa, Ethiopia. The contract was signed between TMGO, Mitsubishi Corporation & SEPCO III on March 30, 2022, at the Federal Ministry of Mines in Addis Ababa, ..Read more

In a ceremony today, Tulu Moye Geothermal (TM Geothermal Operation PLC) signed the EPC contract at the Ministry of Mines and Petroleum (MoMP) in Addis Ababa, Ethiopia. The contract was signed between TMGO, Mitsubishi Corporation & SEPCO III on March 30, 2022, at the Federal Ministry of Mines in Addis Ababa, Ethiopia. The ceremony was attended by the Minister of Minister of Mines, Eng. Takele Uma and other distinguished guests including the various project partners, such as Reykjavik Geothermal, the contractual partners and more.

TM Geothermal Operation PLC that has been on the move to produce geothermal power in Arsi Ethiopia for the past years. TMGO plans the development of an initial 50 MW in power generation capacity with the EPC contract awarded to Mitsubishi Corporation and SEPCO Electric Power Construction Co. The deal has an estimated value of USD 100 million.
It is expected that construction of the power plant should be completed within the next two years.