Savannah Energy signs deal with Niger for 200MW solar power plants
POWER & RENEWABLE ENERGY

Savannah Energy signs deal with Niger for 200MW solar power plants

On May 11, Savannah Energy announced that it had entered into an agreement with the government of Niger for the potential development of two photovoltaic solar power plants, which will have a combined capacity of up to 200 megawatts. The proposed plants are set to be located near the southern cities of Maradi and Zinder, and will be connected to Niger's electricity grid.

The objective is to start generating power in 2025-26 and to link up with the grid area that serves the capital city of Niamey by 2026. According to Savannah's statement, the plants will create affordable electricity, boost grid-connected power generation by over 20 per cent, and prevent about 260,000 tonnes of yearly carbon emissions.

Savannah is a firm that focuses on oil and gas production in Africa. It is at loggerheads with the government of Chad, a neighbouring country, over its decision to nationalise oil assets and rights that Savannah acquired from ExxonMobil in 2021. In December, Exxon finalised the sale of its operations in Chad and Cameroon to Savannah for $407 million, but the Chadian government objected to the deal, claiming that the final terms varied from the initial ones presented.

Also Read
Power Minister lays foundation stone for Powergrid's Ara substation
Yes Bank to subsidize MSMEs' solar installations


On May 11, Savannah Energy announced that it had entered into an agreement with the government of Niger for the potential development of two photovoltaic solar power plants, which will have a combined capacity of up to 200 megawatts. The proposed plants are set to be located near the southern cities of Maradi and Zinder, and will be connected to Niger's electricity grid. The objective is to start generating power in 2025-26 and to link up with the grid area that serves the capital city of Niamey by 2026. According to Savannah's statement, the plants will create affordable electricity, boost grid-connected power generation by over 20 per cent, and prevent about 260,000 tonnes of yearly carbon emissions. Savannah is a firm that focuses on oil and gas production in Africa. It is at loggerheads with the government of Chad, a neighbouring country, over its decision to nationalise oil assets and rights that Savannah acquired from ExxonMobil in 2021. In December, Exxon finalised the sale of its operations in Chad and Cameroon to Savannah for $407 million, but the Chadian government objected to the deal, claiming that the final terms varied from the initial ones presented. Also Read Power Minister lays foundation stone for Powergrid's Ara substationYes Bank to subsidize MSMEs' solar installations

Next Story
Real Estate

Jharkhand to Allot 181 Flats via Online Lottery in February

The Jharkhand State Housing Board (JSHB) will allot 181 houses and flats through an online lottery system starting February. The process will be held for the first time entirely online, and interested applicants can apply from February 10 to March 10 via the JSHB's official website. Properties will be available under different categories, with the allotment based on a 90-year lease. Categories include Economically Weaker Section (EWS), Lower Income Group (LIG), Middle Income Group (MIG), and Higher Income Group (HIG), with varying sizes of houses and prices. For EWS, houses will have a super b..

Next Story
Infrastructure Urban

UP Cabinet Okays Municipal Bonds for Infrastructure

In a significant move aimed at bolstering infrastructure development in Uttar Pradesh, the state Cabinet approved the issuance of municipal bonds for the cities of Prayagraj, Varanasi, and Agra. The decision was made during a cabinet meeting chaired by Chief Minister Yogi Adityanath, which took place in the Maha Kumbh Mela area in Prayagraj. The new initiative will see the issuance of municipal bonds, enabling these cities to raise funds from the market for infrastructure projects. For every billion raised through these bonds, the state government will provide an additional Rs 130 million as ..

Next Story
Infrastructure Urban

Haryana Proposes New Policy on Tree Felling

The Haryana government has proposed a new policy on tree felling across non-forest land, which would remove the requirement for approval in urban areas on plots allocated by government bodies for residential, industrial, or infrastructure development. Currently, the forest department’s consent is mandatory for tree felling. The proposed policy seeks to replace all previous directives on tree felling outside forest areas, including those areas notified under Section 3 of the Punjab Land Preservation Act (PLPA), 1900. A committee is set to be formed to finalize the policy and revise compensat..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000