Tuesday, March 1, 2016

Kenya: KenGen Plans to Add 720 MW Geothermal by 2020

KenGen could start direct power sales (The Star, Kenya)

KenGen is considering overstepping Kenya Power and directly sell electricity to industries near its plant to grow its revenue.

It is also targeting an additional 720 megawatts at an estimated cost of Sh203.90 billion ($2.005 billion) by 2020. 

The plan is largely targeting the proposed Naivasha Industrial Park, where Industrialization and Enterprise Development ministry will be seeking to attract large manufacturers by selling electricity at half the market price.

About 631 MW of the planned 720 MW will be generated from its geothermal fields in Naivasha at an estimated cost of $1.83 billion (Sh186.11 billion).