Market News
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Kenya: Sh11 Billion for Electricity in Rural Schools &Homes
Posted on :Wednesday , 3rd September 2014
THE government will spend Sh11 billion on rural electrification programmes this year.
Two Kenyan firms win US$2bn Lamu coal plant project bid
Posted on :Wednesday , 3rd September 2014
Two local firms, Gulf Energy Limited and Centum Investment Company Limited, have successfully won the bid for construction of the Lamu coal plant. The power plant is going to be constructed at a cost of US$2bn in Mombasa, Kenya. US$500m to be used in construction will be provided . . .
Kenyan consortium says wins tender to build 1 000 MW coal plant
Posted on :Wednesday , 3rd September 2014
A consortium led by two Kenyan firms won a government tender to build a 1 000-MW, coal-fired power plant, company officials said on Tuesday, part of moves to satisfy rising demand for energy in East Africa's biggest economy.Kenya suffers from regular blackouts due to supply shortfalls and an aging grid, forcing most businesses and wealthy people to have stand-by generators. Businesses cit. . .
Wind energy development booming in Kenya
Posted on :Tuesday , 2nd September 2014
Kenya's wind energy capacity is considerable; the United Nations Environment Programme (UNEP) has estimated it could reach 3,000 Megawatts (MW), more than double the current national demand. Northern districts like Turkana and Marsabit have the greatest potential, and wind far. . .
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Kenya Power Customers to Get Loans to Fund New Connections
Posted on :Tuesday , 2nd September 2014
KENYA Power is working with various financial institutions to give loans that will assist people to pay for new connections.
The firm's managing director Ben Chumo said it already has deals with locals banks such as National Bank, Jamii Bora bank, Equity bank and its own Stima loan for the connections.Chumo said the move will he. . .Please Select an Option
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