Marubeni Corporation has announced that it has been awarded a full turn-key engineering, procurement and construction (EPC) contract from Kenya Electricity Generating Company Limited in relation to the construction of a 70 MW class geothermal power plant to be located in the Olkaria area of Nakuru County, Kenya.
The project involves the construction of a sixth power generation unit at the Olkaria I Geothermal Power Station. It is expected to be completed in 2021. The main components required, such as steam turbines and generators, will be provided to Marubeni by Fuji Electric Co., Ltd. Japan.
The project will be financed by an official development assistance (ODA) loan from Japan International Cooperation Agency (JICA) and also by loans from European Investment Bank. It is Marubeni’s first geothermal power plant project in Africa.
