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Fuju Electric seals deal for new Olkaria 1 project

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Japanese firm, Fuji Electric, has been awarded a contract for a complete geothermal power facility for the Olkaria I Geothermal Power Station (Olkaria I)  from Marubeni Corporation, the main engineering, procurement and construction (EPC) contractor of the project owned by Kenya Electricity Generating Company (KenGen).

Olkaria  began operations in 1981 and was Kenya’s first geothermal power station. It currently runs five turbines with a combined output of approximately 185 MW, making it one of the largest geothermal power stations in Africa.

This undertaking will be Fuji Electric’s first geothermal power plant project in Africa. The contract calls for construction of a new 6th 70-MW power generation unit (Unit 6). Construction funds for the project will be provided in the form of an Official Development Assistance (ODA) loan from the Japan International Cooperation Agency (JICA) and financing through the European Development Bank.

Fuji Electric has been developing its geothermal power business since 1960, installing facilities in the United States, Indonesia, the Philippines, Iceland, Japan, and other areas around the world. To date, Fuji Electric has received orders for 81 power generation facilities (steam turbines, generators, etc.) with a combined installed capacity of 3,132 MW.

Under its long-term development blueprint, Kenya Vision 2030, the government has set a development target to expand its geothermal power capacity to 5,000 megawatts by 2030.

In East Africa, countries like Ethiopia and Djibouti have plans to develop new geothermal power stations as well. Fuji Electric wished to take this opportunity to increase it’s supply records of geothermal steam turbine generators in Africa, in the hopes of contributing to both economic development and environmental conservation in the region.

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BT Correspondent
BT Correspondenthttp://www.businesstoday.co.ke
editor [at] businesstoday.co.ke
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