Kenya Breaking News, Business Information, Articles, Africa - kenyadetails

Jindal Steel to use coal for power in Africa after CIC buy

Jindal Steel & Power Ltd will spend about $100 million over two to three years to develop a coal mine in Botswana that it is acquiring through its purchase of Canada's CIC Energy Corp, a company official said on Wednesday.

Read more...

Kenya Invites Bids for Coal Exploration Blocks

Kenya has invited investors to bid for the exploration and development of two coal blocks in the country's eastern region, the energy ministry said, as it pushes to diversify energy sources to meet growing demand for power.

Read more...

KenGen seeks joint ventures to boost geothermal power

Kenya Electricity Generating Company (KenGen) is planning to raise $12-billion to build six geothermal power plants that should generate 585 megawatts by 2016, as it pushes to diversify its power sources.

KenGen managing director Eddy Njoroge says the company was open to different models to raise the financing required.

Read more...

Kenya Power Contracts Indian Firms for Grid Projects

Kenya Power has awarded contracts worth Sh1.13 billion to two Indian companies to increase connection of electricity in various parts of the country as it targets to register 300, 000 new customers this year alone.

Read more...