Kenya:

Sixteen Companies to Build Olkaria Extension (Daily Nation)

KenGen’s outgoing managing director Eddy Njoroge says 16 companies passed the evaluation and qualified for the investment venture that will lead to the building of four additional geothermal power stations with a capacity of 70 MWe each at Olkaria I and Olkaria IV.

Last year KenGen asked interested bidders and consortiums to express interest in the development of the plant. At the closure of the expression of interest period, 21 firms had submitted their responses.

Seven firms qualified under the energy conversion agreement, four won the bid under the venture and energy conversion agreement and five qualified under both arrangements.

Four Japanese firms – Kansai Electric Power (Kepco), Mitsubishi Corporation, Toyota Tsusho and Mitsui –join Sithe Global Consortium (America), Zorlu (Turkey) and the pan-African Consortium of Africa Finance Corporation under the energy conversion agreement.

India’s largest integrated power company Tata Power, Ormat (Israel), Marubeni (Japan), Sojitz (Japan) and the South African subsidiary of International Power (India) qualified under the both arrangements.

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