Kaishan to supply plant technology to one of the Menengai geothermal projects
Chinese technology provider has secured a $65MW EPC contract to supply the power plant technology to the 35 MW development of a geothermal power plant at Menengai, Kenya, one of three private developments for GDC.
As reported yesterday, China-based Zhejiang Kaishan Compressor, reports having secured a $65million engineering, procurement and construction contract to build a geothermal power plant in Kenya.
The buyer is Sosian Menengai Geothermal Power, one of the private developers of the three 35 MW geothermal power plants to be built utilising wells drilled by Kenya’s Geothermal Development Company (GDC). The other two are Quantum Power and Ormat.
The project has the necessary permits for the construction, operation of the plant and sell the electricity to Kenya National Power.
Kaishan further signed a 14-year O&M deal that is valued at $18 million in total, with annual cost to be adjusted based on local price indexes.