Russian firm, Libya investor plan Africa power, Uganda hydro

Russian power plant builder Technopromexport has formed a joint venture with Libya African Investment Portfolio of Libya to build power plants in Africa, including a 300-MW hydroelectric project in Uganda.

Technopromexport said November 20 the parties signed an agreement establishing Laptechno-Power as a follow-up to a visit to Libya by Russian Prime Minister Vladimir Putin.

The joint venture is to build and operate energy projects on a turnkey basis in Libya, Uganda, Ghana, Algeria, Egypt, Namibia, and Yemen. Libya African Investment Portfolio is to provide financing for the venture with a fund of US$6.7 billion.

Technopromexport said the first priority for the venture will be construction of a 1,250-kilometer, 400-kilovolt transmission line in Libya and the construction of a 300-MW hydroelectric project on the Nile River in Uganda. Technopromexport said it already has performed topographic studies and engineering design for the transmission line.

HydroVision International 2014 Keynote Speakers

Presenting the HydroVision International 2014 Keynote Speakers

Check out a slideshow covering the keynote speakers at the HydroVision International 2014 conference and exhibition

Click Here >>

Hydro Industry Financials

Buyers Guide Products

PTFE-lined Thrust Shoes for VRA Akosombo, Ghana

Designed, manufactured, delivered replacement P...

Most Read Articles

Recent Comments

Buyers Guide Companies


Entec AG Consulting & Engineering

Offers long-standing experience and is highly q...

BG Consulting Engineers Ltd

With subsidiaries in Switzerland, France and Al...

NuPlanet (Pty) Ltd

A small hydro power developer, owner and operat...


Specializes in comprehensive turnkey maintenanc...

Continuing Education

Professional Development Hours
To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

Volume 33, Issue 7
Volume 22, Issue 4

Archived Articles

2006 | 2007 | 2008 | 2009 | 2010 2011 | 2012 | 2013
Hydro Review Past Issues