M a r k e t N e w s

Kenya- Natural Gas Plant Project Revived

Posted on : Tuesday , 16th January 2018

 After dropping the project in 2018, Kenya has made a U-turn and renewed plans to build its first natural gas-fired power plant in Mombasa.

 
Energy secretary Charles Keter has initiated fresh talks with the Treasury in preparing a financing structure for the 700-megawatt (MW) power plant that the government seeks to implement together with a private investor under the public-private partnership model.
 
In 2016, the ministry dropped the LNG project in Dongo Kundu, Mombasa, which was estimated to cost Sh130 billion.
This came amid lukewarm investor response for the tender, having received only two bids.
 
Other interested firms had asked for a longer implementation period, beyond the set 18 months.
 
 “We are reviving the gas power project plan in light of growing demand, need to diversify our sources and the expected
lower consumer prices since gas-fired power is cheap,” said Mr Keter, without offering details on the adjustments they will make to the fresh tender to raise investor appetite this time around.
 
Gas-fired electricity will cost less than Sh10 per kilowatt hour (kWh), or half diesel-generated power, which is currently Kenya’s expensive alternative whenever drought cuts hydropower production or a geothermal plant is out for repair, according to the CS.
 
Kenya, which is also moving to construct its first coal-fired power plant, had earlier made arrangements to import liquefied natural gas from Qatar through ships and has now added LNG-rich Australia to that list.
 
The dropped gas-powered power plant was part of the government’s plan to add 5,000MW to the grid from 2013 to spur economic growth.
 
Among the bidders were China Petroleum, Tata Power in consortium with Gulf Energy, Globeleq, Mitsui and Company, Toyota Tyusho, Marubeni Corporation, Samsung C and T, GMR Energy, Quantum Power and GDF Suez.
 
According to the terms of the botched tender, companies were required to show the ability to raise at least $1 billion (Sh103 billion) at competitive terms and have strong balance sheets, with a minimum of $200 million (Sh20.6 billion).
 
The successful bidder for the Dongo Kundu plant was required to build a floating storage and re-gasification unit with sufficient capacity and infrastructure to supply natural gas to power plants using heavy fuel oil.
 
In July 2014, Kenya announced the discovery of commercially viable gas in Wajir after a successful exploration in Hadado, raising expectations of tapping the gas for power production.
 
Kenya has also been cautious in its quest to construct more power plants, fearing the economy could be left with excess power and force consumers to pay for capacity charges on idle plants.
 

Source : izmap
Featured Companies
  • Bajaj Auto
  • Tire Group International, LLC.
  • /
  • TITAN Containers A/S
  • Your Banner HERE!

Complete List  

Advertisers in previous issue:

  • Leading manufactures and expoters of the electronic products
  • Multi feedstock batch processing biodiesel equipment
  • A world class Rotary Gear Pumps for effective pumping and trasfer of all viscous & semi-viscous liquid like oils, chemicals, food products and more..
  •  Global Air Freight Solutions For Oil & Gas Shipments
  • LINTEC doub- le screen technology and the worlds first asphalt mixing plant in 100% ISO sea containers.
  • Engineering Expo, is India’s largest multi-location trade show on manufacturing
  •  Portwest is a global vertical company with over 100 years of experience in the design, manufacture and supply of protective clothing, safety footwear, specialist gloves and PPE to resellers and distributors at the most competitive prices.
  • We manufacture; As Welded, Outer Diameter Conditioned, and Bead Hammered stainless steel tubing to ASTM standards We manufacture; As Welded, Outer Diameter Conditioned, and Bead Hammered stainless steel tubing to ASTM standards
  •  Unipro was born to transmit and give it’s experience in trading high quality safety equipments ensuring high quality products under international standards required in the Oil and Gas, Mining, Construction, automotive, Steel and Chemical industries.
  • Chemicals,Environmental & Sewage,Treatment Laborotory;Equipments Analytical Equipments & Instraments;etc.
  • Ravi Enterprise is a professionally managed organization, established as a reliable source of industrial heaters.
  • A world leading name in Heat Transfer Technology
  •  ABL Machine Tools, One of the group companies of ABL India is India
  • FAS Flüssiggas-Anlagen GmbH, Salzgitter, is one of the leading manufacturers and suppliers of LPG fittings and components for complete stations for the storage
  •  Ugur Seluloz Kimya A.S. is a leading Sodium Carboxymethyl Cellulose & Polyanionic Cellulose manufacturer, located in Turkey.
  • Lavorwash is a world-leader in manufacturing high pressure cleaners and vacuum cleaners for household and professional use.
  • Pumping solutions, a technological potential.
  • REGO GmbH is the Rego Distribution Center located in Central Germany.
  • Seco actively contributes to improving your productivity and competitiveness in metal cutting machining.
  • Manufacturer of heavy duty machinery
  • Al Hosni Group International, has the experience and expertise in Construction, Manufacturing, Marketing, Hospitality, Chemicals, Gas services and environmental projects.
  • Catering for the most varied industrial storage requirements.
  •  K & S Financial Group is the link between the end buyer and a reputable Russian refinery.
  •  BMC China Exhibition Co., Ltd is the wholly-owned subsidiary of German Enerxy AG Group
  •  TITAN Containers is one of the largest privately owned companies supplying containers for a multitude of applications.
Afrotrade International Marketing, Tel: +971-50-6285684
© 1998-2018 Afrotrade