Prime

KenGen to build new Olkaria plant after securing Sh40bn Japan loan

KenGen managing director Albert Mugo. PHOTO | SALATON NJAU

The Kenya Electricity Generating Company (KenGen) will mid this month start building a 140 megawatt steam power plant at Olkaria after securing funding from the Japanese government.

The Japan International Co-operation Agency, a State organisation, has lent the power generator ¥45.7 billion (Sh40 billion) for the Olkaria V project which involves putting up two geothermal power plants of 70MW each.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.

Get it First!

Stay up to date on the editors' picks of the week.

Latest

  1. PRIME Early winners as Lamu refinery project kicks off

  2. PRIME Sacco accounts holding millions rise to 154,000

  3. DN Kimani Ichungwah 0301 b

    PRIME Teachers face tighter misconduct rules in proposed changes

  4. PRIME How worker assaults sparked exit of security boss of giant tea firm

In the headlines

View All