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Globeleq’s 35-megawatt power plant delays on State red tape

DNGEOTHERMAL11,0806

The 35MW geothermal power plant in Menengai, Nakuru County which is being undertaken by Sosian Menengai Geothermal Power Limited, QPEA GT Menengai and Orpower Twenty-Two contracted by Globeleq Africa Limited in this photo taken on June 8, 2023. PHOTO | BONIFACE MWANGI | NMG

By  John Mutua

Business Reporter

Nation Media Group

Construction of a 35-megawatt geothermal power plant in Menengai by UK-based Globeleq has been delayed due to government red tape.

Globeleq disclosed that the State is yet to fulfil certain undisclosed conditions, delaying the financial closure of the deal that the independent power producer (IPP) signed with three lenders last year.

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