Lamu coal-fired power plant project, Kenya
Name and Location
Lamu coal-fired power plant project, Kenya.
Client
Government of Kenya.
Project Description
The project involves the construction of a 960 MW coal-fired power plant in Lamu County.
Value
The project will cost an estimated $2-billion, about $500-million of which will be funded by equity and the balance through debt.
Duration
The power plant is part of government’s target to generate 5 000 MW of electricity in the country by 2017.
Latest Developments
Following a rigorous tender review process led by an independent technical evaluation committee, a consortium led by Kenyan companies – Gulf Energy and Centum Investment Company – has emerged as the winning bidder of the Kenyan government’s tender for the development of the coal-fired power plant. Gulf and Centum led a consortium that comprised Sichuan Electric Power Design & Consulting Company, Sichuan No 3 Power Construction Company (both subsidiaries of Chinese energy giant PowerChina) and China Huadian Corporation Power Operation Company.
Key Contracts and Suppliers
Gulf Energy, Centum Investment Company, Sichuan Electric Power Design & Consulting Company, Sichuan No 3 Power Construction Company and China Huadian Corporation Power Operation Company (construction contract).
On Budget and on Time?
Not stated.
Contact Details for Project Information
Centrum, tel +254 20 228 6000, fax +254 20 222 3223 or email info@centum.co.ke.
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