Friday, November 14, 2014

Kenya:

GDC Seeks 350 Million USD to Develop Steam Field (Coastweek)

Location of Silali in the Turkana county
Geothermal Development Company (GDC) is seeking 350 million U.S. dollars towards steam field development in Silali and Suswa areas in northwest region.

“We are seeking 100 million dollars and 250 million dollars towards steam field development in Silali and Suswa respectively with negotiations at an advanced stage,” GDC Managing Director Silas Simiyu said in Naivasha on Wednesday, adding the funding would be made by government and development partners.

Simiyu noted that the country has 14 geothermal sites that have a combined potential of about 10,000 MW. “Eight of these geothermal sites are being developed and they include Olkaria, Eburru, Menengai, Suswa, Longonot, Akiira and the Baringo-Silali block.”

Read More.......