NSE Kenya Listed Kenya Electricity Generating Company Ltd (KenGen) has contracted a group led by Japanese industrial major Mitsubishi Corp to build a 140-MW geothermal power plant in Kenya (Olkaria V).
Mitsubishi, together with Mitsubishi Hitachi Power Systems Ltd and local firm H Young & Co (EA) Ltd (HY), will work on the fifth in a series of geothermal projects developed in Kenya’s Olkaria area. The so-called Olkaria V scheme will be financed by an Official Development Assistance (ODA) loan provided by the Japan International Cooperation Agency (JICA).
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Under the terms of the contract, Mitsubishi will supply the main equipment for the plant, while MHPS will take responsibility for in-land transportation and installation. HY, in turn, will supply the remaining components and undertake civil engineering and installation works.
Mitsubishi and MHPS have also worked together on the 45-MW Olkaria I, 70-MW Olkaria II and 35-MW Olkaria III projects. Once Olkaria V enters into service in 2019, they will have added 290 MW of geothermal capacity, more than 10% of the country’s total energy.
