KSh 70 billion Lake Turkana Wind Power Project expected to break ground in the early 2014

The Sh70 billion Lake Turkana Wind Power Project (LTWP) is expected to break ground in the early months of this year after various financiers pledged their support that will see Kenya diversify from its over-reliance on hydroelectric power.

Eight years after the first feasibility study was conducted in Loyangalani District, Marsabit County, the largest wind farm in the region is poised for take-off after risk guarantees were finalised in November. LTWP will see 365 wind turbines, each with a capacity to produce 850kW, erected on the 40,000 acre farm.

Wind Turbines at the Ngong Wind Farm. LTWP will see 365 wind turbines, each with a capacity to produce 850kW, erected on the 40,000 acre farm.

Wind Turbines at the Ngong Wind Farm. LTWP will see 365 wind turbines, each with a capacity to produce 850kW, erected on the 40,000 acre farm.

Project managers foresee production of the first 50 megawatts to start early next year and the wind farm fully operational at 300 megawatts by 2016 if logistic issues are handled according to plan.

The Sh70 billion Lake Turkana Wind Power Project (LTWP) is expected to break ground in the early months of this year after various financiers pledged their support that will see Kenya diversify from its over-reliance on hydroelectric power.

The initial steps include construction of the 200km road from Laisamis to Sirima, location of the farm, to facilitate timely transportation of wind turbines to the site.

“Electricity is absolutely essential right now for meeting demand from Kenyan farmers, businesses and households. We are proud to step-in and make the necessary funding available to keep the construction of the Turkana wind project on course,” said EU’s ambassador to Kenya Lodewijk Briet after the deal.

This was a month after AfDB approved a partial guarantee on the project at a tune of Sh2.3 billion through its Partial Risk Guarantees (ADF PRG) instrument.

The risk mitigation facility covers private lenders and investors against the risk of a possible government failure to meet contractual obligations to a project.

“This ADF PRG will promote foreign direct investment in Kenya and crowd in private financing for power generation.

Source: DailyNation.co.ke