Quantum East Africa Power, a Mauritian firm, has inked USD 40 million worth deal for construction of 35 MW Menengai geothermal plant with the African Development Bank.
This is one of the biggest geothermal projects to be developed in Africa. The lender will provide funds to Quantum East Africa Power, one of the three Independent Power Providers (IPP) contracted by the Geothermal Development Company to build the 105 MW Menengai Geothermal power plant.
The two contracted IPPs are American-Ormat Technologies and local company, Sosian Energy.
The project is set to commence in August 2018 with projected completion in 18 months.
The three IPPs will each develop 35 MW plants that will see Menengai Geothermal project generate 105 MW of clean energy upon completion of Phase-I.