{"id":22483,"date":"2021-02-12T20:51:30","date_gmt":"2021-02-12T20:51:30","guid":{"rendered":"https:\/\/www.africa-press.net\/kenya\/?p=22483"},"modified":"2021-02-12T20:51:30","modified_gmt":"2021-02-12T20:51:30","slug":"kengen-secures-sh709m-geothermal-contract-in-djibouti","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-secures-sh709m-geothermal-contract-in-djibouti","title":{"rendered":"KenGen secures Sh709m geothermal contract in Djibouti"},"content":{"rendered":"

AfricaPress-Kenya:<\/strong> Kenya Electricity Generating Company (KenGen) has clinched a deal to drill geothermal wells in Djibouti, increasing its regional presence after it secured similar contracts in Ethiopia.<\/p>\n

The power producer yesterday said it had signed a $6.45 million (Sh709.8 million) contract with Djibouti\u2019s Office of Geothermal Energy Development (ODDEG).<\/p>\n

The deal is key for KenGen, which has been keen on diversifying its revenue streams.<\/p>\n

The two entities signed the contract at a ceremony yesterday in Galla Le Koma, Djibouti, that was attended by Energy Cabinet Secretary Charles Keter and KenGen Chief Executive Rebecca Miano.<\/p>\n

Keter assured Djibouti of support in enabling it to realise its geothermal potential, noting that Kenya has made strides in the area, as well as gained expertise over the years it has been developing geothermal power.<\/p>\n

\u201cTo date, we have drilled more than 300 wells within the Olkaria field, which is the bedrock of Kenya\u2019s\u00a0geothermal energy production,\u201d he said.<\/p>\n

KenGen has recently embarked on a diversification strategy, leveraging on its expertise in geothermal energy by offering commercial drilling services.<\/p>\n

Miano said the company\u2019s strategic plan is to grow its footprint in the region.<\/p>\n

\u201cIt is our desire that in the next couple of years, we shall have considerable presence in countries within the continent,\u201d she said.<\/p>\n

\u201cIt is also worth noting that we are not only keen on increasing our presence in Africa, but also enhancing energy capacities across the region.\u201d<\/p>\n

This is the third geothermal drilling contract that KenGen has won in Africa.<\/p>\n

In 2019, the company secured two deals worth a total of Sh13.2 billion to drill wells in Ethiopia.<\/p>\n","protected":false},"excerpt":{"rendered":"

AfricaPress-Kenya: Kenya Electricity Generating Company (KenGen) has clinched a deal to drill geothermal wells in Djibouti, increasing its regional presence after it secured similar contracts in Ethiopia. The power producer yesterday said it had signed a $6.45 million (Sh709.8 million) contract with Djibouti\u2019s Office of Geothermal Energy Development (ODDEG). The deal is key for KenGen, […]<\/p>\n","protected":false},"author":84,"featured_media":22478,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[7459,7458,4586],"class_list":["post-22483","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-djibouti","tag-geothermal-plant","tag-rebecca-miano"],"yoast_head":"\nKenGen secures Sh709m geothermal contract in Djibouti - kenya<\/title>\n<meta name=\"description\" content=\"Kenya Electricity Generating Company (KenGen) has clinched a deal to drill geothermal wells in Djibouti, increasing its regional presence\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-secures-sh709m-geothermal-contract-in-djibouti\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KenGen secures Sh709m geothermal contract in Djibouti\" \/>\n<meta property=\"og:description\" content=\"Kenya Electricity Generating Company (KenGen) has clinched a deal to drill geothermal wells in Djibouti, increasing its regional presence\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-secures-sh709m-geothermal-contract-in-djibouti\" \/>\n<meta property=\"og:site_name\" content=\"kenya\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-12T20:51:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/02\/kenya_clinches_sh7096026344cc9301.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"687\" \/>\n\t<meta property=\"og:image:height\" content=\"456\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-secures-sh709m-geothermal-contract-in-djibouti#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-secures-sh709m-geothermal-contract-in-djibouti\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"KenGen secures Sh709m geothermal contract in Djibouti\",\"datePublished\":\"2021-02-12T20:51:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-secures-sh709m-geothermal-contract-in-djibouti\"},\"wordCount\":275,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-secures-sh709m-geothermal-contract-in-djibouti#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/02\/kenya_clinches_sh7096026344cc9301.jpg\",\"keywords\":[\"Djibouti\",\"Geothermal Plant\",\"Rebecca Miano\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-secures-sh709m-geothermal-contract-in-djibouti#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-secures-sh709m-geothermal-contract-in-djibouti\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/economy\/kengen-secures-sh709m-geothermal-contract-in-djibouti\",\"name\":\"KenGen secures Sh709m geothermal contract in Djibouti - 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