Thursday, April 12, 2012

Kenya:

Kenya Seeks Investors for Silali Geothermal Field  (The Post - South Africa)

Silali Volcano
(Courtesy Global Volcanism Program)
Kenya's state-run Geothermal Development Company (GDC) plans to seek $750 million from the Group of Eight major nations to drill a 3,000 megawatt steam field in 2013, a senior company official said on Thursday.

Silas Simiyu, GDC's chief executive officer, told Reuters the firm was negotiating for funds for development of the 3,000 MW steam field, dubbed Silali, located in the Gregory Rift Valley, near to Kapedo, Kenya.