The sports category has moved to a new website.

Gov't commences 2nd project under Ruto's Sh500B deal with U.K. Prime Minister

The United Kingdom and Kenya have commenced the second project under the Sh500 billion deal

Kenya's President William Ruto & UK Prime Minister Rishi Sunak

The United Kingdom and Kenya have commenced the second project under the Sh500 billion deal agreed upon by President Ruto and Prime Minister Rishi Sunak at the COP27 climate summit.

This is in a bid to combat climate change, create job opportunities, and provide affordable power for Kenyans.

The groundbreaking ceremony took place at the Menengai Geothermal Power Plant on Thursday 8.

ADVERTISEMENT

Led by Globeleq, a UK company backed by British International Investment, the Menengai Geothermal Power Plant will play a crucial role in Kenya's sustainable energy sector.

With a capacity to generate 35MW of electricity, the plant will provide clean and affordable energy to approximately 750,000 Kenyan citizens.

By harnessing the power of geothermal energy, this project showcases Kenya's commitment to global leadership in combating climate change.

ADVERTISEMENT

The construction phase of the Menengai Geothermal Power Plant is expected to create around 200 job opportunities for Kenyan workers.

This initiative will not only stimulate the local economy but also contribute to the development of a skilled workforce in the renewable energy sector.

ADVERTISEMENT

Once the plant becomes operational, it will provide long-term employment opportunities for 35 to 40 permanent staff and contractors.

This event signifies the initiation of the second project under the UK-Kenya Strategic Partnership.

The five-year agreement between the two countries aims to unlock mutual benefits, focusing on various sectors, including infrastructure development and environmental sustainability.

ADVERTISEMENT

Nairobi Railway City, a green rail-centered urban regeneration project was the first initiative to commence construction following the COP27 climate summit held in Egypt.

These strategic investments reflect the commitments made by world leaders at the UK-hosted G7 summit in Carbis Bay two years ago, where the establishment of a new Global Partnership for Infrastructure was emphasized.

These projects, worth a total of KES 500 billion, showcase the UK's predictable, transparent, and reliable investment approach that avoids burdening Kenya with unsustainable debt.

ADVERTISEMENT

Jane Marriott, the UK High Commissioner to Kenya, emphasized the significance of this partnership and its positive outcomes for both countries.

She expressed that the Menengai Geothermal Power Plant would not only reinforce Kenya's global leadership in climate change efforts but also drive down the cost of power, demonstrating that green growth is beneficial for businesses and the Kenyan population at large.

JOIN OUR PULSE COMMUNITY!

ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: news@pulselive.co.ke

Recommended articles

The Kreativepreneurship Program: Empowering Kenya's Young Creatives

The Kreativepreneurship Program: Empowering Kenya's Young Creatives

Tanzania gov't launches million dollar real estate venture in Nairobi

Tanzania gov't launches million dollar real estate venture in Nairobi

Family Bank loses board chairperson 3 weeks after appointment

Family Bank loses board chairperson 3 weeks after appointment

Hashi Energy disposes of 31 trucks, & other assets as it winds up after 33 years

Hashi Energy disposes of 31 trucks, & other assets as it winds up after 33 years

Sabina Joy, CBD home & other assets owned by billionaire Gerald Gikonyo

Sabina Joy, CBD home & other assets owned by billionaire Gerald Gikonyo

In shadow of the business summit: The U.S. buys right to pollute Angola with toxic waste

In shadow of the business summit: The U.S. buys right to pollute Angola with toxic waste

The role of digital payments in Kenya's online gaming market

The role of digital payments in Kenya's online gaming market

EPRA announces new fuel prices  for June & July

EPRA announces new fuel prices for June & July

Kenya fulfils 6 of IMF's strict conditions in budget & Finance Bill 2024

Kenya fulfils 6 of IMF's strict conditions in budget & Finance Bill 2024

ADVERTISEMENT