Monday, March 13, 2017

Kenya: GDC Planning to Scale Up Partnership Model of Geothermal Development

GDC bets on partnerships to boost steam power generation (Daily Nation)

The Geothermal Development Company (GDC) is planning to scale up its partnership model of steam development for faster realisation of power generation from the underground source.

GDC, which has so far applied the approach in its geothermal power developments including the 105MW Menengai Phase I Project, said it remains a preferred method because it is faster, less capital intensive and shares risks between those involved.

Under the arrangement, the State-owned agency takes care of upfront risks, and then invites the private sector to construct power plants.