Lack of demand from large electricity customers has forced the Government to ease up on an ambitious power upgrade plan. The plan aimed to increase the country’s installed electricity generating capacity by 5,000MW. In 2013, the Ministry of Energy and Petroleum unveiled an ambitious initiative
Wind power is now the cheapest electricity to produce in both Germany and the UK, even without government subsidies. It’s the first time that threshold has been crossed by a G7 economy. But that’s less interesting than what just happened in the world’s largest economy, according to a Bloomberg analysis.
Centum Investment the company proposing to establish the imported coal power plant in Lamu County. Listed investment firm, Centum, is urging pension fund managers to consider investing in the $2 billion (Sh192 billion) Lamu coal plant. Construction on the 1050MW power plant, to be developed