Geothermal news briefs from Kenya

News from Kenya shows progress in the geothermal capital of East Africa.

*Kenya: Olkaria Construction Complete; GDC Seeks Investors

News from Kenya states that the laying of the pipes at the Olkaria steam field represents the last major construction milestone of the 280 MW geothermal project, which will raise the current capacity by 25%. The additional power will be added to the grid later this year and is projected to bring down the cost of electricity. Cabinet Secretary for Energy and Petroleum Davis Chirchir told press the government hopes to lower the cost to consumers to as low as Sh6 per kilowatt hour from the current Sh16.

The state-run Geothermal Development Company (GDC) of Kenya is seeking investors to build produce 300 MW of geothermal power by 2018 on fields that have an estimated total potential of about 750 MW. Investors would be expected to provide 60%-80% of the capital or at least $400 million.

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