The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
The move to have a 960 megawatt coal plant in Lamu hangs in the balance, after one of the bidders claimed it had won the tender that was awarded to Gulf Energy Consortium. It cites irregularities in the tendering process. Hebei Construction Investment Group (HCIG) and Liketh Investment Kenya, through their consortium HCIG-LIKETH in documents before the Petition Committee say Gulf Energy Consortium was never in the scene but it won the tender.
The company adds that Gulf Energy Consortium would produce power at higher cost considered to the one it (HCIG-LIKETH) had proposed in its bid papers, adding that the rival firm first ought not to have been given the contract in the coastal region.
Premium Article
Get Full Access for Ksh299/Week.
Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.
Stand With Bold Journalism.
Stand With The Standard.
Journalism can't be free because the truth demands investment.
At The Standard, we invest time, courage and skills to bring you accurate,
factual and impactful stories. Subscribe today and stand with us in the
pursuit of credible journalism.