Mannvit-Verkís Signs Tulu Moye Contract
M-V, a company jointly owned by Mannvit and Verkís for cooperation on international projects, has recently signed a consulting agreement with Tulu Moye Geothermal (TMGO) for Owner’s Engineer services concerning the development of a geothermal power plant in Tulu Moye, Ethiopia. M-V will assist TMGO through the development stages, among other things regarding access roads, well pads, drilling and testing of wells and the development of the steam field. M-V collaborates with Landsvirkjun Power, ÍSOR and MGM Consult for this project.
Reykjavik Geothermal (RG), an Icelandic company and US company Meridiam, are shareholders of Tulu Moye Geothermal Operations. The Tulu Moye geothermal area is located about 150 km southeast of Addis Ababa and 15 km from the town Iteya. In a first Phase of four, TMGO aims at developing a 50 MW power plant with up to 12 production and reinjection wells, with 520 MW ultimately delivered within the eight year development and construction phases.
Photo: Darrell Boyd, CEO of TMGO and Elin Hallgrimsdottir, Section Manager of geothermal energy at Mannvit at the signing of the contract.