Thursday, October 6, 2016

Kenya: KenGen Receives Funds for 70 MW Olkaria I Unit 6 Geothermal Plant Expansion

KenGen secures Sh14b for Olkaria I expansion (

Olkaria I (Courtesy: Toshiba Corp.)
The Kenya Electricity Generation Company, KenGen, has secured Sh14 billion from the European Investment Bank (EIB) for expansion of geothermal exploration.

The funds will finance the expansion of the Olkaria I plant unit six which will generate 70 megawatts. This will push up the plants total capacity up to 210 megawatts.

The power producer is also set to commence construction of the Olkaria VI plant in December through a public private partnership arrangement. The plant once complete will generate 140 megawatts of electricity.