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Monday, November 18, 2019

Kenya: Geothermal Development Company Receives GRMF Funding for Baringo-Silali Exploration

GDC gets Sh1.9b funding boost (Standard Digital)

Geothermal Development Company (GDC) has received a boost for its drilling operations after the Geothermal Risk Mitigation Facility (GRMF) awarded the government a grant of Sh1.9 billion.

The funds are meant for geothermal exploration in the larger Baringo-Silali block.

Currently, GDC is drilling for geothermal steam at Paka. In August, the company struck a successful first well that confirmed the area as productive.

The entire Baringo-Silali project is estimated to have 3,000 MW of geothermal steam.


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