In announcement by National Treasury Cabinet Secretary, Henry Rotich, announced the new National Budget for Kenya.
With increased spending on infrastructure, geothermal development spending will increase by about 30% from 10 billion shilling ($100m) to 13.2 billion shilling ($133m). The country will also increase efforts on enhancing electricity connection with a spending increase of about 50%.
Overall the country plans to spend $587 million for investments in the energy sector, for power transmission, rural electrification, geothermal development, street lighting and last-mile power connectivity.
The money for geothermal will go to Geothermal Development Company.
Source: Slideshare/ Simbagoma, KBC
