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- May 11, 2013
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KenGen is eyeing drilling deals in Tanzania in what looks set to cement the Kenyan electricity producer as the leading geothermal power company across the continent.
KenGen acting managing director Abraham Serem told the Business Daily that the firm is awaiting a response from the Tanzanian government for two projects whose value remains undisclosed.
Entry into Tanzania adds to similar projects in Ethiopia, Djibouti and Rwanda, cementing KenGen’s fast-rising reputation as the go-to company in exploring and drilling geothermal wells.
Read: KenGen bags geothermal deal in Djibouti
The firm has been aggressively looking for opportunities to offer its geothermal services in its revenue diversification plan.
“We have responded to expressions of interest for two from Tanzania and we are waiting for their response. Some are for studies and others for drilling,” said Mr Serem.
www.theeastafrican.co.ke
KenGen acting managing director Abraham Serem told the Business Daily that the firm is awaiting a response from the Tanzanian government for two projects whose value remains undisclosed.
Entry into Tanzania adds to similar projects in Ethiopia, Djibouti and Rwanda, cementing KenGen’s fast-rising reputation as the go-to company in exploring and drilling geothermal wells.
Read: KenGen bags geothermal deal in Djibouti
The firm has been aggressively looking for opportunities to offer its geothermal services in its revenue diversification plan.
“We have responded to expressions of interest for two from Tanzania and we are waiting for their response. Some are for studies and others for drilling,” said Mr Serem.
KenGen eyes Tanzania geothermal deals
KenGen is eyeing drilling deals in Tanzania in what looks set to cement the Kenyan electricity producer as the leading geothermal power company.
www.theeastafrican.co.ke
