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Economy

KenGen in 400MW wind power farm plan for Meru

A herdsman looks after his cattle near the power-generating wind turbines at the KenGen station in Ngong  hills. PHOTO | FILE
A herdsman looks after his cattle near the power-generating wind turbines at the KenGen station in Ngong hills. PHOTO | FILE 

KenGen is set to develop a 400 megawatt (MW) multibillion-shilling wind power farm in Meru, adding to its growing portfolio of renewable energy sources.

The first phase of the wind power project, which is expected to complete by December 2017, will generate 100MW at a cost of Sh26.4 billion ($270 million).

France’s Development Agency (AfD) and Germany’s Development Bank (KfW), the financiers of the project, are in the country to conduct a due diligence on the project before releasing funds.

“The first phase of the project for a 50MW-100MW project will be financed by concessional funding which is low cost,” said KenGen’s managing director Albert Mugo on Thursday in a statement.

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