Daewoo Int'l top bidder for $1.3bn Kenya project

http://www.nation.co.ke/image/view/-/820418/highRes/118425/-/maxw/600/-/7q7ehc/-/kiambere.jpg An official at Kiambere Power Station in Kenya shows the operations of the plant. Photo/REUTERS
By REUTERSPosted Thursday, December 10 2009 at 09:14

South Korea's Daewoo International said on Thursday it had been named the top bidder for an up to $1.3 billion power plant project in Kenya.

The project is to build a 300 megawatt coal-fired plant that may be extended to 600 megawatts, Daewoo said in a statement.

Kenyan electricity producer KenGen chose Daewoo over other bidders such as Sithe Global and Aldwych, it said.


http://www.nation.co.ke/business/news/-/1006/820416/-/hf9710z/-/index.html
:cheers::cheers:

Mombasa's going to really benefit from this one. I understand its to be built in the city.

Does Kenya have supplies of Coal to keep this thing running?

Does Kenya have supplies of Coal to keep this thing running?

Yes. In Eastern Province. Heres an old article.

Kenya and China to collaborate on coal exploitation
Tuesday 2 September 2008

Kenya’s industrialisation dreams could soon become a reality following the discovery of commercial quantities of coal in Eastern Kenya, which could be extracted for exports, Vice President Kalonzo Musyoka said Tuesday.

Kenyan authorities have been exploring for coal deposits in the country’s arid eastern region for the past 10 years with the Ministry of Energy unable to confirm whether there are adequate coal deposits in the Mui basin in Mwingi district.

Musyoka said the ministry had discovered commercial quantities of coal which could be consumed locally and internationally, once new investments have been put into the region’s infrastructure to allow the export of the coal.

China, he said, was willing to build a railway line from the coastal city of Lamu, through to South Sudan via Mwingi to facilitate the transportation of the coal from the region.

Musyoka, who was speaking in Mwingi, his home district, said initial exploration of the coal deposits had determined adequate quantities were available in the Mui basin.

He said the Ministry of Energy would expedite the extraction of the mineral, used in the heating tunnels to produce industrial goods. Most firms which operate in Kenya are importers of coal, mostly obtained from Southern African states.

"Once all these projects are completed, the country will benefit from all areas of energy supply, employment, foreign exchange as well as the realisation of turning the country into an industrialized one," Musyoka said.

We need more of these.

So, you guys got coal reserves. thats just the start . Oil and Gas are next.:D

So, you guys got coal reserves. thats just the start . Oil and Gas are next.:D

please no. not with this current crop of politicians. petrodollars flowing into kenya with this current govt? NO! HELL NO!

please no. not with this current crop of politicians. petrodollars flowing into kenya with this current govt? NO! HELL NO!

^^kiraitu mirungi is already salivating brother :lol::lol::lol:

please no. not with this current crop of politicians. petrodollars flowing into kenya with this current govt? NO! HELL NO!

^^Kiraitu mirungi is already salivating man :lol::lol::lol:

Does anyone has updates on this project?

Does anyone has updates on this project?

I have a feeling its the same coal power plant planned for Mombasa. I totally forgot about this thread.

I have a feeling its the same coal power plant planned for Mombasa. I totally forgot about this thread.



i think there are two such projects planned one in mombasa, the other in kituyi