Kenya:

Kengen to Issue Bids for Sh165 Billion Project in Olkaria (AllAfrica)

Power generator KenGen will invite financing bids for a new US$2billion (Sh165billion) geothermal power project expected to generate 560 megawatts of power, by far the largest in the world.

The bids will be for both financing and joint-ventures with KenGen, managing director and GRC member Eddie Njoroge said. If successful, the project will be bigger than the current 280 MWe power project being carried out at Olkaria 1 and Olkaria 4.

Speaking during a tour of the project, Njoroge said the bids will be sent out by September this year. "We have prequalified bidders for that," Njoroge said. "We will be sending out the Requests for Proposals by September this year."

Read More.....