Power producer KenGen #ticker:KEGN is moving to raise the Masinga hydroelectric dam’s wall and install equipment that will pump downstream water back to the dam to ensure a steady supply of the cheap power it produces throughout the year.
KenGen announced the plans after it sealed a financing deal with French Development Agency (AFD), which is funding the project as part of a wider plan to increase the capacity of Kenya’s hydropower plants to produce more electricity throughout the year.
