KenGen Managing Director & CEO, Mrs. Rebecca Miano (left) receiving the award from KenGen Regulatory and Corporate Affairs Director, Eng. Simon Ngure (right). |
Kenya Electricity Generating Company (KenGen) has been named the best sustainable power producer in East Africa in the London-based Capital Finance International Awards (CFI.co Awards).
The Nairobi bourse-listed KenGen earned the top spot among regional electricity producers for its “continued and deliberate focus on renewable energy – which now accounts for 84 per cent of the company’s power sources.”
Geothermal is currently at 533.8 MW (of which 81.1 MW is from wellheads technology) representing about 32% of the total installed capacity.
It comes at a time when KenGen is putting finishing touches to its 165.4 MW Olkaria V Geothermal Project in Naivasha, which is due for commissioning in July this year. The new plant will expand KenGen’s geothermal capacity to 699.4 MW from the current 534 MW.