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Nairobi, April 21, 2022: Kenya Electricity Generating Company PLC (KenGen) has completed drilling of the seventh geothermal well in Ethiopia further bolstering the company’s renewable energy footprint in the Horn of Africa.

This latest announcement is from the Aluto-Langano geothermal site where KenGen is implementing a drilling consultancy project for the state-owned Ethiopian Electric Power (EEP) company. The drilling of the seventh well was completed on schedule at a depth of 3,000 meters.

“This is the second 3,000 meters well we have drilled in Ethiopia so far, and I must commend our teams on the ground for successfully delivering to expectations despite the threats of COVID-19 and security situation in Ethiopia at the time of project implementation,” said KenGen Managing Director and CEO, Rebecca Miano.

This milestone reaffirms the NSE-listed company’s expertise in geothermal development in Africa, having earlier drilled the deepest geothermal well in the Horn of Africa also at a depth of 3,000 meters as announced by KenGen on November 11, 2021.

Commenting on the project timelines, Miano said: “We have now embarked on drilling of the fifth geothermal well under the EEP project in Aluto-Langano and we expect to complete the work in a fortnight’s time.”

The Ethiopian and Djiboutian ventures are part of KenGen’s ambitious diversification strategy, in which the company is seeking to acquire new revenue streams by offering commercial drilling services, geothermal consulting and other related services across Africa.

In November last year, KenGen announced that it had started work to deliver three geothermal wells in Djibouti setting in motion a Ksh.0.7 billion contract.

Locally, KenGen continues to grow Kenya’s geothermal capacity and has now started drilling of additional geothermal wells in Eburru geothermal field located in Naivasha.

Kenya is Africa’s number one geothermal energy producer and among top 10 in the world with an installed capacity of 863MW with KenGen contributing about 713MW. The country has an estimated geothermal potential of 10,000MW spread along its part of the Rift Valley circuit.

. . . . . . . . . Ends ..........

Note to Editor:

About KenGen

Kenya Electricity Generating Company PLC - KenGen is the leading electricity generation company in Eastern Africa region with an installed generation capacity market share of more than 60%. The company’s primary business is to provide safe, reliable, and competitively priced electric energy for the country in an environmentally friendly and sustainable manner while creating value for its stakeholders.

Today, KenGen PLC has an installed generation capacity of 1,818MW, of which over 86% is drawn from green sources namely: Hydro (826MW), Geothermal (713MW), Thermal (253MW), and Wind (25.5MW).

 

For media queries please contact:

Frank D. Ochieng, Tel:0721816896

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Nairobi, Thursday, April 21, 2022: One hundred and one bright, needy students have a reason to smile after Kenya Electricity Generating Company PLC (KenGen) awarded them Education Scholarships for the year 2022 through its philanthropic arm, the KenGen Foundation, to further their education.

The scholarships were awarded to Secondary and University education, with fifty-seven issued to Secondary School students whilst forty-three went to University students during the 7th KenGen Annual mentorship event at St. George’s Primary School in Nairobi.

The scholarship is part of KenGen Corporate Social Investment where education is a key pillar, geared towards empowering the communities within which the Company operates through sponsoring bright, needy students to further their education.

Since inception in 2005, the KenGen Education Scholarship Program has to date awarded 901 scholarships to both High School and University students. The Company has invested over Ksh.400 million in education development in terms of infrastructure development projects in both Primary and Secondary schools, scholarship awards, mentorships and stipends for university scholars. In addition, first-class graduates in relevant courses are given employment opportunities in the company.

Speaking during the awards ceremony, the Chief Guest, KenGen Board Chairman, General (Rtd) Samson Mwathethe, in a speech read on his behalf by Board Member, Winnie Pertet, lauded the students’ efforts in pursuing excellence and emphasized discipline as a key factor in their education prosperity.

“Let me further appeal to you to avoid being victims of social decadence that has gripped our institutions of learning and destroyed many young lives. Those among you who fall for such unfortunate behaviour face the risk of losing this scholarship, for as you are aware, it comes with your promise and commitment to be a well-disciplined and exemplary student throughout your period of study,” he added.

The Chairman also noted that KenGen will continue raising the bar of Kenyan education by assisting in improvement of structures that enhance the learning institutions as well as seek to increase the number of scholarship slots in all the areas of our operations.

KenGen Managing Director and CEO, Rebecca Miano, while reiterating the Chairman’s comments also commended the students for the sterling performance and encouraged them to keep it up.

“By awarding you the KenGen Education Scholarship, you are distinguished because you have demonstrated that you have the commitment, strength and determination to move forward. The KenGen Education Scholarships is here to help you and those who aspire for life-changing education to reach their potential. This will be your ticket to new professional opportunities and to new and exciting life journeys,” she said.

While urging the students to use the opportunity to be better persons in their society, the CEO also invited other corporates to come on board to help other needy students. She also lauded the KenGen Employee Giver initiative and corporates such as Bamburi Cement for expanding the secondary school scholarship slots to the benefit of communities

“The positive impact of the scholarships in the lives of the students, their families and their communities is huge. Therefore, I invite other corporates to help increase the number of beneficiaries by also contributing to the development of our education sector,” she added.

KenGen Foundation Managing Trustee, Anthony Igecha, noted that the scholarships remain important within the framework of the KenGen Foundation strategy and symbolizes a commitment to investing in the country’s future work force.

In the last two years, KenGen has been providing national infrastructure support through the construction of classrooms in Garissa, Embu, Machakos, Kitui, Mombasa, Kajiado, Nakuru, Kisumu and libraries in Lamu, Kajiado, West Pokot and Mandera Counties to benefit more than 2,000 students.

Ends....

Note to Editor:

About KenGen

Kenya Electricity Generating Company PLC (KenGen) is the leading electricity generating company in the Eastern Africa region with an installed generation capacity market share of more than 60%. The company’s primary business is to provide safe, reliable and competitively priced electric energy for the country in an environmentally friendly and sustainable manner, while creating value for its stakeholders.

Today, KenGen PLC has an installed generation capacity of 1,818MW of which over 86% is drawn from green sources, namely: Hydro (826MW), Geothermal (713MW), Thermal (253MW) and Wind (25.5MW).

 

For media queries please contact: Frank D. Ochieng, Tel:This email address is being protected from spambots. You need JavaScript enabled to view it. or This email address is being protected from spambots. You need JavaScript enabled to view it.

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