Chinese firm inks Sh26bn energy deal with Devki

Devki plant in Ruiru, Kiambu County. FILE PHOTO | NMG

Family-owned construction materials manufacturer Devki Group has inked a Sh25.5 billion deal with Chinese firm Sinoma Energy to power its Mombasa-based raw steel processor and the new Athi River cement clinker plant.

Sinoma said in regulatory filings last week the kiln waste-heat project at Devki’s new cement plant in Athi River and the another to power Devki’s new Sh45.5 billion steel plant in Kilifi will be built over a period of 20 months to produce 53.5 megawatts (MW).

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