Name of the Project
Tulu Moye geothermal power plant.
Location
The project will be built in the area around the Tulu Moye volcano, in Oromia, Ehiopia.
Client
Ethiopian Electric Power and Tulu Moye Geothermal, a joint venture between Meridiam and Reykjavik Geothermal.
Project Description
The Tulu Moye site is one of the best geothermal resources in the world and the project entails the construction of a 520 MW geothermal power plant.
Potential Job Creation
Not stated.
Value
The project entails a private investment into Ethiopia of more than $2-billion.
Duration
The partners at Tulu Moye are planning to have the first 50 MW on line by 2020 and the full 500 MW by 2023.
Latest Developments
None stated.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
Reykjavik Geothermal, tel +251 1 186 85220 or email rg@rg.is.