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27 Apr 2023

Kengen Offers Land Leases in Geothermal-Powered Green Energy Park in Olkaria

27 Apr 2023  by thinkgeoenergy   

Construction of Olkaria V geothermal power plant, Kenya Oct. 2018 (source: LinkedIn/ Roberto Razo)
KenGen is currently soliciting for expressions of interest (EOI) from interested firms or sub-developers to lease land and set up facilities at the proposed KenGen Green Energy Park to be located in Olkaria, Naivasha. The Green Energy Park will be located at the Olkaria geothermal field and will benefit from cheap power tariffs and the supply of clean, renewable, and stable geothermal energy.

EOIs must be submitted by 31 May 2023, 14:00H East African Time. More information on this tender is available on the official tender documents.

The area marked for industrial development is about 342 hectares. It will leverage on the geothermal resources available in Olkaria and will accommodate both industrial and non-industrial activities including offices, data centres, research and development centres, anf administrative and commercial uses. The park will provide industrial, commercial, and recreational facilities and would be developed in four phases within the span of 2025 to 2045.

Two models for development are being considered, as recommended by the results of a feasibility study. Under the Master developer model, KenGen will solely be developing the Energy Park. On the other hand, the Sub-developer model has KenGen leasing some parcels of land to sub-developers, allowing them to sub-lease the serviced Industrial Land.

For industrial uses, KenGen is offering investment opportunities in the following fields:

Medium and heavy industries – Fertilizers, iron and steel, plastics and packaging, fabricated metal products.

Steam-intensive industries – Pulp and paper, wood and wood products, textiles and apparel, food and beverages, leather industries.

Light industries – Warehousing, logistics, and other support services for light industries.

Parties that will submit EOIs will be considered in the shortlisting towards an RFP process. This will entail selection of multiple developers based on the utilities requirements. Only firms pre-qualified under this procedure will be invited to submit their Technical and Financial proposals under the Request for Proposals (RFP).

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