KenGen wins drilling contract for Tulu Moye geothermal project, Ethiopia
Following an earlier contract won for drilling work in Ethiopia, Kenya's KenGen has now won another drilling contract in the country, this time for the Tulu Moye geothermal project.
Following an earlier tender win for Kenya Electricity Generating Company (KenGen) in Ethiopia earlier this year, the company has now announced having won another tender.
The tender was for drilling work valued at Sh5.2 billion ($52m) for the Tulu Moye geothermal project in Ethiopia. Business development director at KenGen Moses Wekesa said it has reached an agreement with Tulu Moye Geothermal Operations Plc, to drill wells and offer geo-scientific survey.
“We bid and the first bidder fell off. We were the second best evaluated bidder. The IPP has now engaged us in discussion. We have negotiated and settled,” said engineer Wekesa during the recent energy debate convened by QLand Energy Communications Consultancy.
“We will be providing geo-scientific survey and drilling eight geothermal wells. One geothermal well costs about Sh650 million.”
Source: Business Daily Africa