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KenGen bags $6.5m geothermal deal in Djibouti

Olkaria geothermal plant. KenGen has drilled more than 300 wells within the Olkaria field. FILR PHOTO | NMG

By  EDWIN OKOTH

The Kenya Electricity Generating Company (KenGen) has signed a Ksh709 million (about $6.5m) contract to drill three geothermal wells in Djibouti.

The deal signed between State-owned power producer and Djiboutien De Développement De lenergie Géothermique (Djiboutian Office of Geothermal Energy Development) (ODDEG) will see the firm export its expertise in the field, the third such deals in the region.

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