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Kenya seeks investors for 3,000 MW geothermal steam field

Kenya's state-run Geothermal Development Company (GDC) plans to seek $750 million from the Group of Eight major nations to drill a 3,000 megawatt steam field in 2013, a senior company official said on Thursday.

East Africa's largest economy is the first country in Africa to tap the vast hot steam in the earth's crust, in a bid to diversify its power generation and reduce over-reliance on weather-dependent hydropower as well as thermal generation.

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