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Monday, April 8, 2013

Kenya:

Kenya Power Agrees PPA with Longonot Geothermal Developer (Citizen News)

Kenya Power and Africa Geothermal International Kenya Limited (AGIL) have today signed a Power Purchase Agreement (PPA) for development of a 140 MWe geothermal project in Longonot.

The PPA will see AGIL develop, construct, own, operate and maintain the geothermal project with Kenya Power purchasing the generated power.

The PPA - which has a 25 year term - will start after the power plant’s commercial operation date scheduled for 2018.

Project development and construction will be carried out in the interim period.
The Longonot Geothermal Project is located directly adjacent to the Olkaria geothermal complex. AGIL has performed all of the surface exploration and development activities to ready the project for drilling expected to commence in early 2014.

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