ENERGICOTEL PLC or (ECTL), stands for Energy Conception and Transmission of Electricity, is an Independent Power Producer (lPP) and an Engineering Consulting Company with Power Purchase Agreements and Concessions Rights to Design, Finance, and Build Power Generating Plants in the Republic of Rwanda, soon in Zimbabwe, Kenya, DRC and Malawi.
Currently, ECTL Ltd operates three (3) Hydro Power Plants (Keya, Nkora & Cyimbili) located in the Western Province of RWANDA, with a total capacity of 3.2MW.
In April 2021, ECTL has been approved by the Capital Market Authority (CMA) to be listed on the Rwanda Stock Exchange (RSE), as the first IPP in Rwanda, by issuing a Corporate Bond to the Capital Market.
Last but not least, ECTL Ltd in partnership with Rwanda Energy Company (REC), a subsidiary of Rwanda Investment Group (RIG), formed MAGMA Energies LTD which is a Special Purpose Vehicle (SPV) for the joint development of Methane Gas Resources. The objective being to extract the Methane Gas from the Lac Kivu and to transform it into Electricity.