Wednesday, November 30, 2016

Kenya: 140 MW Olkaria V Geothermal Power Project Construction to Start Soon

KenGen to build new Olkaria plant after securing Sh40bn Japan loan (Business Daily Africa)

The Kenya Electricity Generating Company (Kengen) will mid this month start building a 140 megawatt steam power plant at Olkaria after securing funding from the Japanese government.

The Japan International Co-operation Agency (JICA), a State organisation, has lent the power generator ¥45.7 billion (Sh40 billion) for the Olkaria V project which involves putting up two geothermal power plants of 70 MW each.

Electricity from the project is expected to be fed into the national grid at the end of 2018. KenGen’s managing director Albert Mugo said drilling has already been completed.