× Business BUSINESS MOTORING SHIPPING & LOGISTICS DR PESA FINANCIAL STANDARD Digital News Videos Health & Science Lifestyle Opinion Education Columnists Moi Cabinets Arts & Culture Fact Check Podcasts E-Paper Lifestyle & Entertainment Nairobian Entertainment Eve Woman Travelog TV Stations KTN Home KTN News BTV KTN Farmers TV Radio Stations Radio Maisha Spice FM Vybez Radio Enterprise VAS E-Learning Digger Classified Jobs Games Crosswords Sudoku The Standard Group Corporate Contact Us Rate Card Vacancies DCX O.M Portal Corporate Email RMS
×

Two governors license project to generate green energy from Suswa and Magadi

BUSINESS
By Robert Kiplagat | January 11th 2018
Governor Tunai with Kaishan Holdings Group official Kevin Cao (right) and geologist Eujohn Zhang (second right). The Chinese firm is set to begin geothermal exploration in Narok. [Robert Kiplagat]

Two counties have sealed a deal with a Chinese company to generate over 1,000 megawatts of green energy.

Narok and Kajiado will begin generating the energy following the licensing of the company, Kaishan Holding Group Limited, to explore geothermal power in Suswa and Magadi.

Important milestone

Speaking when he received a delegation from the firm led by its President, Kejjian Cao and geologist Eujohn Zhang, Kenya’s chief geologist, John Omenge, said the exploration would mark an important development milestone in the two counties.

According to Governor Samuel Tunai, the investors are part of companies that signed a Sh53 billion agreement during a county investment summit held in 2015.

Food processing

“Narok and Kajiado counties have immense geothermal potential,” said Governor Tunai.

Tunai said the energy that would be generated once the exploration was complete would lower the cost of production and attract more investors to the counties and boost value addition.

“Narok is an agro-pastoral area that leads in the production of wheat, maize, barley and horticulture, which in future will be processed before being sold in local and international markets,” he said.

Kenya’s chief geologist promised that the Government would work closely with counties to ensure that the geothermal energy benefits them.

“As promised by President Uhuru Kenyatta, we shall ensure that green energy plays a role in food security, health, infrastructure and industrialisation,” said Mr Omenge.

Kaishan Holdings Group president said the firm had wide experience in geothermal exploration and was keen to work with counties.

Share this story
SRC asks court to lift orders on MPs pay cut
The commission now wants the court to lift the orders saying it would be unfair for the taxpayer to shoulder the old pay
Dog walking becomes the newest hustle in town
Dog walking is now a status symbol. Owning a pet is cool. I nowadays meet lots of Kenyans and foreigners walking their dogs and some running.
.
RECOMMENDED NEWS
Feedback