The African Union Commission (AUC) through its Department of Infrastructure & Energy and TM Geothermal Energy PLC (TMGO) signed a GRMF Grant Contract for the Tulu Moye Drilling Programme. The total grant amounts to USD 9,990,279 for co-financing the total cost estimated to USD 26.2 million for the exploration Drilling Programme.
The Agreement was signed by the AUC Commissioner for Infrastructure and Energy, H.E. Dr Amani Abou-Zeid, and the CEO of TMGO Mr. Darrell Boyd. The AUC’s Project Manager for the GRMF, Mr. Atef Marzouk, and the Principal Energy Expert, Mr. Sylvain Degolmal, congratulate TMGO to this achievement:
We would like to congratulate Tulu Moye Geothermal Energy PLC (TMGO) for achieving this milestone. Furthermore, AUC as the project executing agency for GRMF, plays the key role in the harmonization and coordination of geothermal energy exploration and development in East Africa. Therefore, seeing more drilling as the one going on actually in Tulu Moye, Ethiopia is very encouraging. AUC and its partners KfW, BMZ, EU Africa ITF and FCDO (former DFID), would like to reiterate their commitment to fund bankable geothermal projects with respect to GRMF Financial scheme across East Africa region. We are confident that TMGO with this grant will take the project to the next stage closer to power generation.
The Tulu Moye Drilling Programme is located about 140 kilometers southeast of Addis Ababa in the Oromia Regional State, with Lake Koka to the north and Lake Ziway to the south. Three wells are being funded to explore the Gnaro lava field. The Drilling Programme is a continuation of a Surface Study, which received funding within the second GRMF application round.
Seven drilling companies have been shortlisted for the drilling contract for the Corbetti geothermal power project in Ethiopia, Africa, as announced by Corbetti geothermal, the project developer.
Geothermal developer Corbetti Geothermal PLC just released the results of the Pre-Qualification round for the provision of drilling services and material for 26 geothermal wells in the Corbetti caldera in Ethiopia. The companies participating the ongoing tender represent some of the strongest drilling companies in the world and the result shows strong international interest in geothermal development in East Africa. The successful companies are in alphabetical order the following:
Corbetti Geothermal is looking forward to continuing the tender process and expects tenders to be submitted before the end of the year and an agreement signed shortly after New Year to allow drilling to start in early 2021.
U.S. International Development Finance Corporation (DFC) has committed $1.55 million in technical development for the Tulu Moye Geothermal Power Plant Project in Ethiopia. DFC’s grant will enable project development and accelerate the schedule to design the 50-megawatt geothermal power plant. When completed, the project will be the country’s first Independent Power Project and one of the largest geothermal power plants in Ethiopia, a country with substantial untapped geothermal resources that can provide significant baseload power.
“DFC will help to shape the design of the project by utilizing one of our new development tools: technical assistance,” said DFC Chief Executive Officer Adam Boehler. “This project will help Ethiopia to tap a critical resource for its economic growth.”
Ethiopian company TM Geothermal Operations PLC (TMGO) is developing the Tulu Moye project, which is approximately 100 kilometers southeast of Addis Ababa. DFC’s technical development would provide funding for up to $1.55 million for project development. After development is completed, DFC would evaluate additional financing for implementation. If TMGO receives implementation financing from DFC or any other financier, TMGO will pay back the full amount of the technical development funding.
Chinese equipment and oil services company Kerui Petroleum said it has successfully lifted the derrick and substructure for the first 1500HP drilling rig at Ethiopia's Aluto-Langano Geothermal Energy Project.
The completion of the first rigging up marks a milestone in the 70-MW geothermal energy project, which is part of Ethiopian government's plans to expand geothermal energy generation in the coming few years, the Chinese firm said in a statement issued on Tuesday.
In February 2019, Kerui Petroleum, in partnership with Kenya's state-owned power producer Kenya Electricity Generating Company PLC, signed a contract with Ethiopia's state utility firm Ethiopian Electric Power (EEP).
Under the contract, Kerui Petroleum will supply two sets of 1500HP drilling rigs, personnel training, drilling operation and related technology transfer for the drilling initially of the 22 wells at Aluto-Langano.
The Aluto-Langano geothermal project's first exploration work began in 1981. The site already has a geothermal power plant that began operation in 1998 with a production capacity of 7.3 MW. The facility, however, has been closed since 2018 due to technical issues.