Kenya:

Senate Team Appeals for New Geothermal Funds (Daily Nation)

(Courtesy CIA.gov)

A Kenyan Senate committee has urged the government to adequately fund geothermal exploration to ensure power consumers enjoy lower tariffs.

This would reduce the cost of production and increase competitiveness of manufacturing industries, it said.

In a report written after touring Geothermal Development Company’s (GDC) plants in Baringo and Nakuru counties last July, the Senate standing committee on energy, roads and transportation said the agency experienced delays in disbursement of funds from the government.

“There is adequate, sufficient and timely inflow of finances from financiers and donors but GDC experiences delays and unpredicted disbursements from the government.

“The government should adequately fund and support geothermal development to ensure that Kenyans enjoy lower tariffs,” read the report in part.

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