The delivery period for the development of 80 geothermal wells in Menengai may be delayed following a change of policy by Chinese development
lender Exim bank. Energy minister Kiratu Murungi has revealed. Kiraitu
said this when he appeared before the energy and communication
parliamentary committee intimated that part of Exim banks demands
included extending funding only to corporations with financial records
dating back to the year 2007 with proof of ability to raise revenue, a
condition that GDC the company mandated to drill the wells fails to
meet. The project is predicted to inject 280mw to the national grid at aconstant annual budget of at least 20 billion shillings.
Kiraitu in parliament
Living
By | 14 years ago | 1 Min read
.
Trending Now
- What your lipstick shade says about you
- 8 things to do before you get into your next relationship
- Five things you should never do after a breakup
- I run thriving import business after failing to get formal job
- How to throw a party at home
- Lilian Ng'ang'a opens up on dating history: "I have always had a boyfriend"
- Why that musky vajayjay smell is turning your man on
- Mum's unborn twins die after doctors 'mistake pregnancy for cancer'
- Our sex life sucks and now my wife hates me
- Why most Kenyan women now prefer boyfriends to husbands.
.
Popular this week
- Our sex life sucks and now my wife hates me
- Why most Kenyan women now prefer boyfriends to husbands.
- Femicide major concern as 16 Days of Activism against GBV begin
- Breaking the cycle: From tough love to conscious parenting
- Meghan Markle's emotional interview inspires other women to admit they're not OK
- Six common foods that will promote your hair growth
.
Similar Articles
.
Recommended Articles
GET OUR NEWSLETTER
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join