Thursday, February 19, 2015

Kenya:

KenGen to Set up Economic Zones for Cheaper Industrial Power from Geothermal Energy (Business Daily Africa)

The Kenya Electricity Generating Company (KenGen) will set up a special economic zone close to the geothermal plants in Olkaria to offer subsidized power to manufacturers.

President Uhuru Kenyatta on Thursday said creation of these special zones would see manufacturers offered discounts on power bills because of lower transmission costs from the plants to the industrial hubs.

“Special Economic Zones and EPZs (Export Processing Zones) will benefit from concessionary power rates to catalyse industrial production,” said Mr Kenyatta during the commissioning of 140 megawatts at KenGen’s Olkaria 1 Power Project that is part of the ongoing 5,000-megawatt program.

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