KenGen eyes geothermal tenders in 8 African states

A geothermal power plant at Olkaria. FILE PHOTO | NMG

State-owned Kenya Electricity Generating Company (KenGen) #ticker:KEGN is eyeing lucrative geothermal infrastructure tenders in nine African countries, officials have said.

KenGen, which last October won a Sh5.2 billion tender to drill geothermal wells in Ethiopia, the second win in the landlocked country in under four months, said it is eyeing similar deals in Uganda, Tanzania, Djibouti, Rwanda, South Sudan, The Sudan, Zambia and Comoros to boost revenues.

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