Monday, November 19, 2012

Daewoo to Build $1.3 billion Power Station in Kilifi

Kipevu Power Plant, Mombasa
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South Korea’s Daewoo International has signed a $1.3 billion pact with the Kenyan Electricity Generating Company (KenGen) to construct East Africa’s largest power station in Kilifi County.

The coal-fired power plant, which is one of the flagship projects towards attaining the Vision 2030, will have two turbines each producing 300MW to the current installed power capacity of 1,215MW.

Speaking in Seoul, Prime Minister Raila Odinga said that the new plant would play a key role in the government’s objective to add 1,500MW of new power capacity by 2019 and put an end to power cuts.

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