PowerChina to build Kenya coal-fired power plant

Power Construction Corporation of China (PowerChina) is set to build a coal-fired power plant in Kenya after signing a contract this week.

Construction is planned to begin in September on the 981.5 MW plant, which will be located on the island of Lamu. Fuel will initially be imported from South Africa and is planned to later switch to local sources.

The $2bn project is being undertaken by Amu Power Company, a consortium that includes Gulf Energy and Centum Investment.

Financing is being provided by the Industrial Commercial Bank of China and the African Development Bank.à‚ 

The project is planned to be completed in 21 months and is expected to produce electricity at $07.52/kWh.

See also:à‚ 

IEA report recognizes Chinese boost to sub-Saharan Africa

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