- Corbetti Geothermal PLC (CGPLC) has released a tender for the services of an Owner’s Engineer to support the drilling and well testing program and the preparation of a feasibility study for the Corbetti geothermal project in Ethiopia.
The tender announcement comes after CGPLC was awarded a two-year extension of its Power Purchase Agreement (PPA) with Ethiopian Electric Power (EEP). This time extension will allow CGPLC to carry on with its exploration drilling program on the Corbetti resource in Ethiopia, described as one of the most highly prospective resources in the Ethiopian Rift Valley.
The PPA sets out the commercial terms for a geothermal energy project of up to 150 MW to be developed in two phases of 50 MW and 100 MW. The PPA also grants Corbetti Geothermal PLC a right of first refusal over further geothermal expansion in the license area, with early indications from surface exploration suggesting that the resource may be suitable for up to 500 MWe of installed generation capacity.
Located in Oromia, 250km south of Addis Ababa, the project is being developed by Corbetti Geothermal with the support of principal project participants Reykjavik Geothermal, the African Renewable Energy Fund, and Private Infrastructure Development Group (PIDG) company, InfraCo Africa.
Interested parties can email CGPLC General Manager, Mr. Jim Randle: jim.randle@corbettigeothermal.com , to request a copy of the RfP and bidding documentation.
Closing date for submissions is 31 May 2024.
