Kenya Electricity Generating Company (KenGen) has published a Request for Qualifications of Bidders for the financing, design, supply, construction, commissioning, operation and maintenance of the 140 MW Olkaria Public-Private-Partnership Geothermal Power Project located at Olkaria, Nakuru Country on a Build, Own, Operate, Transfer (BOOT) basis.
- KGN-BDD-010-2019
- Eligibility: Open International
- Tender Document 1 : View / Download
- Tender Document 2: View / Download
- Tender Document 3: View / Download
- Date Published: Nov 5th, 2019 00:00
- Site Visit – Date for the Investor Conference: 27th November 2019 Time: 0900-1600 hours
- Date Tender Closes: Dec 23rd, 2019 10:00
- Tender Opening Date: Dec 23rd, 2019 10:30
The Project encompasses the development of a geothermal power generation project including all support facilities on a Build, Own, Operate, Transfer (BOOT) basis. KenGen shall be responsible for providing steam under a 25-year steam supply agreement and the Kenya Power and Lighting Company (KPLC) shall purchase electricity under a long-term agreement from the Project under a 25-year power purchase agreement. The Project will be developed through a special purpose vehicle incorporated under Kenyan Law. KenGen shall have the right to make a cash investment in the SPV constituting an ownership participation of 25% in the SPV.
Source: KenGen Tender Website
