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.