Mitsubishi Corp led-consortium wins tender to build 140MW Olkaria plant

A geothermal power plant at Olkaria in Naivasha. PHOTO | FILE

A three-company consortium led by Japanese firm Mitsubishi Corporation has won the tender to construct KenGen’s new 140 megawatt (MW) Olkaria V geothermal power plant in Naivasha.

The firm said in a statement that it will partner with fellow Japanese company Mitsubishi Hitachi Power Systems (MHPS) and Kenyan firm H Young & Co (HY) in the $555 million (Sh57.4 billion) project that is expected to be completed in 2019.

PAYE Tax Calculator

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