• A 2010 a survey showed Dandora dumpsite was over three times full. Garbage has been compacted but it’s still overflowing. • Nairobi county government accused of neglecting the dumpsite and turning it into a cash cow with cartels. Nairobi county officials at the Dandora dumpsite during a clean-up. Closure, relocation and setting up an […]
Tag: kengen
KenGen to complete drilling of first Ethiopia geothermal well this year
Addis Ababa, August 21, 2021 (Walta)- Kenya Electricity Generating Company (KenGen) projects that it will complete drilling of the first of eight geothermal wells in Ethiopia within two months, after crossing the 450-meters mark. in a statement, KenGen said the first 450 meters, which was the most difficult part, had been cracked successfully and that […]
KenGen reports key milestone in Ethiopia geothermal project
NAIROBI, Kenya, Aug 20-Kenya Electricity Generating Company PLC (KenGen) has surpassed a crucial stage in the ongoing USD 6.2 million geothermal drilling contract in Ethiopia further giving impetus to its corporate diversification strategy. The team of KenGen engineers have so far crossed the 450 meters of a drilling depth of the first of eight geothermal […]
How Can Emerging Markets Capitalize On Geothermal Energy’s Potential?
While solar and wind are the dominant segments in the transition to renewables , a number of emerging markets are looking to geothermal sources as a way to meet future energy needs. Geothermal energy – which is generated when pipes drilled into the earth’s surface supply steam to power electricity turbines – lags behind other […]
Kenya: How Kenya Power Sank From Making Billions in Profits to Financial Darkness
When Mr Bernard Ngugi was appointed the Kenya Power chief executive officer on October 29, 2019, he promised to ensure the company’s business sustainability and make money for the shareholders. He didn’t. As he might have found out, Kenya Power was in deep trouble. But 21 months later, Mr Ngugi has either been shown the […]
NSE top index hits 14-month high on blue chip stocks rally
The Nairobi Securities Exchange (NSE) 20-Share Index has crossed 2,000 points on the back of a rally in banks and Safaricom stocks, marking the first time in 14 months that the index has crossed the key level. The benchmark Index hit 2,000.76 points on Wednesday and rose further to close yesterday at 2,020.37 points. Sixteen […]
KenGen sets sights on 682MW geothermal plants in four years
Geothermal well at Olkaria. PHOTO | FILE Kenya Electricity Generating Company (KenGen) wants to install new geothermal power plants with a capacity of up to 682 megawatts (mw) in the next four years, setting stage for cheaper electricity. The firm says the planned plants are in line with its geothermal expansion program that will see […]
KenGen seeks to double geothermal capacity by 2030
OLK02 wellhead plant of GEG at Olkaria in Kenya (source: Green Energy Geothermal) Already indicated as part of plans for a large fundraising , KenGen is now getting more concrete on its geothermal development plans, as reported by Bloomberg and Business Daily. Over the past few years, KenGen has increased its effort on shaping its […]
Government to restructure loss-making state corporations
•The CS said the National Treasury conducted a financial evaluation of 18 State Corporations based on the services they provide. •Kenya Power and Lighting Company PLC and Kenya Railways Corporation were found to be unprofitable, while eight other corporations were operating below the cost of recovery. Treasury Cabinet Secretary Ukur Yatani has announced plans to […]
EOI – Consultants for KenGen Geothermal Board of Consultants
KenGen management visiting GEG’s plants, Olkaria, Kenya (source: Lydur Skulason) To realize its ambitious geothermal expansion program, Kenya Electricity Generating Company (KenGen) wishes to constitute a Board of Consultants (BOC) by engaging four international experts (herein referred to as bidders) in the following requisite disciplines. > Field Exploration and Development. Drilling Technology. Environmental Management. Reservoir […]