Kenya’s Geothermal Development Co. (GDC) will begin drilling for geothermal steam in Menengai this week in hopes of establishing new power plants.
The GDC has reportedly assembled two rigs that has landed onsite and been finalized for the first phase, totaling 400 MW, expected to be completed by 2014. The firm has invited prequalification bids from investors, and expects to drill 120 wells in the first phase of the project to contribute about 25% of Kenya’s installed power capacity.
GDC estimates that the project has the potential to produce about 1,250 MW of geothermal energy with potential investors being encouraged to receive guarantees from the World Bank’s risk insurance arm Multilateral Investment Guarantee Agency (MIGA).
Alternative Energy Africa
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