Results of the 4th Application Round

We are pleased to announce that 9 projects qualified for grant award in the GRMF 4th AR (4 Surface Studies and 5 Drilling Programmes).

Please find further information about the qualified project in the following table:

No.

Name of Bidder

Country of Bidder

Project Name

Activity

1

Reykjavik Geothermal ehf (RG)

Ethiopia         

Abaya

Surface Study

2

Maralal Energy Ltd.

Kenya

Chepchuk

Surface Study

3

Arus Energy Ltd.

Kenya

Arus

Surface Study

4

Capital Power Ltd.

Kenya

Homa Hills

Surface Study

5

Ethiopia Electric Power (EEP)

Ethiopia

Alalobeda

Drilling Programme

6

OrPower 12 Inc.

Ethiopia

Wondo Ganet

Drilling Programme

7

OrPower 12 Inc.

Ethiopia

Boku

Drilling Programme

8

OrPower 12 Inc.

Ethiopia

Daguna Fango

Drilling Programme

9

Tanzania Geothermal Development Company Ltd. (TGDC)

Tanzania

Ngozi

Drilling Programme

 

The cumulative GRMF financial support – including potential continuation premium, for all qualified applications of the 4th AR amounts to approximately USD 28.8 million.

The respective qualification and rejection letters were already sent to all projects that submitted applications.

With best regards,

Your GRMF Team

 

Release date: June 1, 2017