KenGen launches RFP for 140 MW Olkaria geothermal project

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

Kenya’s state-owned power producer, Kenya Electricity Generating Company (KenGen), has launched a Request for Qualifications (RFQ) of qualified bidders for the financing, design, supply, construction, commissioning, operation and maintenance of the 140 MW Olkaria Public-Private-Partnership Geothermal Power Project.

The project will be built Olkaria, Nakuru Country on a Build, Own, Operate, Transfer (BOOT) basis.

KenGen will provide providing steam under a 25-year steam supply agreement. Kenya Power and Lighting Company (KPLC) has signed a 25-year power purchase agreement with the project developers for the energy output of the facility. 

The Project will be developed through a special purpose vehicle incorporated under Kenyan Law. KenGen shall have the right to make a cash investment in the SPV constituting ownership participation of 25% in the SPV.

The deadline for the tender is on December 23, 2019.

List of the country updates

Country updates

  • October 14, 2019

    Shell buys 20% share in Orb Energy

    Royal Dutch Shell Plc took a 20% stake in Indian solar firm Orb Energy Pvt Ltd. as part of a drive to deliver a reliable source of electricity to 100 million people in the developing world by 2030. O...

    Read more
  • September 30, 2019

    Radiant and Eldosol solar projects in Kenya reach financial close

    FMO and the European Investment Bank (EIB) have agreed to finance construction and operation of two new solar photovoltaic plants in Kenya. EIB and FMO will each provide US$53 million for the two proj...

    Read more
  • September 26, 2019

    140 MW Olkaria V geothermal plant unit 1 and 2 reach full load

    Olkaria V - Unit 1 and 2 reached full load operations, injecting more than 160 MW to the national grid. The project involves the development of a 140 MW Olkaria V geothermal plant in Ol...

    Read more
  • September 16, 2019

    Kenya signs MoU for 80 MW Meru County Energy Park Project

    The Government of Kenya has signed a memorandum of understanding (MoU) with Japanese developer Eurus Energy and Australian-headquartered wind developer Windlab for the planned development of 80 M...

    Read more
  • July 24, 2019

    Kenya inaugurates 310 MW Lake Turkana Wind Power plant

    Africa’s largest wind farm, the Lake Turkana Wind Power project, has been officially inaugurated. The 310 MW facility was opened by President Uhuru Kenyatta. The Lake Turkana Wind Power project...

    Read more

Share this update