07 May 2019

EoI Launched for Phase 1 of 520-MW Geothermal Project in Ethiopia

07 May 2019   
An Ethiopia-incorporated energy company is looking for contractors for the first phase of a long-term geothermal development programme with a total capacity of 520 MW.

Tulu Moye Geothermal Operations Plc (TMGO) is inviting expressions of interest (EoI) from parties ready to participate in the 50-MW Phase 1 of the Tulu Moye project in the Eastern Rift Valley, Ethiopia. The selected contractor will be tasked with delivering a fully functional geothermal power plant and the associated steam field gathering system.

Expressions of interest can be submitted by April 24, 2019.

The news about the launch of the EoI was announced by the US Trade and Development Agency (USTDA), which in August 2018 awarded a grant to TMGO to coordinate a feasibility study. The company is owned indirectly by Meridiam Infrastructure Africa Fund, which in turn is managed by Paris-based asset manager Meridiam and Reykjavik Geothermal Ltd.

Phase 1 is planned to be completed and begin commercial operation in December 2021. The entire project has a power purchase agreement (PPA) in place with Ethiopian Electric Power (EEP). The scheme is divided into four phases, with the fourth one being the largest with a capacity of 270 MW.

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