Private sector handed power initiative
14 October 2013, 15:33
Nairobi - The government’s invitation of the private sector to take up power generation projects indicates its commitment to transfer the role of power production to the private sector, officials said.
Subsequently, such moves would help increase power production and benefit consumers through reduced power bills.
Spearheading the privatization process was the handing over of the Coal power at Lamu projected to generate 900 to 1000 megawatts to the private sector.
The power plant will also generate a projected 700 to 800 megawatts of power by use of natural gas.
“The intention is to bring down the cost of power production over time to attract industries and make Kenya al east cost destination for doing business, “said Chief Geologist at the Ministry of Energy John Omenga.
Omenga further added that inclusion of private sector in power production projects would not only reduce the cost of power by over 50 percent but also address the current power shortage facing the country.
The government has further stated that it would reduce the prices of electricity to make it manageable to citizens.
The government has made a commitment to increase power production by up to 5000MW in the national grid in a period of 40 months by exploiting all power generation sources such as geothermal, liquid natural gas and coal.
– CAJ News