Savannah Energy signs deal with Niger for 200MW solar power plants

15 May 2023 CW Team

On May 11, Savannah Energy announced that it had entered into an agreement with the government of Niger for the potential development of two photovoltaic solar power plants, which will have a combined capacity of up to 200 megawatts. The proposed plants are set to be located near the southern cities of Maradi and Zinder, and will be connected to Niger's electricity grid.

The objective is to start generating power in 2025-26 and to link up with the grid area that serves the capital city of Niamey by 2026. According to Savannah's statement, the plants will create affordable electricity, boost grid-connected power generation by over 20 per cent, and prevent about 260,000 tonnes of yearly carbon emissions.

Savannah is a firm that focuses on oil and gas production in Africa. It is at loggerheads with the government of Chad, a neighbouring country, over its decision to nationalise oil assets and rights that Savannah acquired from ExxonMobil in 2021. In December, Exxon finalised the sale of its operations in Chad and Cameroon to Savannah for $407 million, but the Chadian government objected to the deal, claiming that the final terms varied from the initial ones presented.

Also Read
Power Minister lays foundation stone for Powergrid's Ara substation
Yes Bank to subsidize MSMEs' solar installations

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..