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Kipevu II

Sector: Manufacturing (Industrial) • Location: Kenya

Source: World Bank Group

Project
Active

On November 3, 1998, Kenya Power & Lighting Company Limited signed a 20-year power purchase with the Tsavo Power Company. Under the agreement Tsavo Power was to build a 75-MW power plant burning residual oil no.6. Sponsors for Kipevu II were Wartsila NSD Power Development (23%), Industrial Promotion Services, an affiliate of the Aga Khan Fund for Economic Development and Cinergy Global Power Inc

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Project Information

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The project “Kipevu II” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in Kenya. Taiyo aggregates data on it from World Bank Group.

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Participants

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Description

Description

On November 3, 1998, Kenya Power & Lighting Company Limited signed a 20-year power purchase with the Tsavo Power Company. Under the agreement Tsavo Power was to build a 75-MW power plant burning residual oil no.6. Sponsors for Kipevu II were Wartsila NSD Power Development (23%), Industrial Promotion Services, an affiliate of the Aga Khan Fund for Economic Development and Cinergy Global Power Inc of the United States (47%) and Globeleq, the power sector subsidiary of the Commonwealth Development Corporation (UK)(30%). Wartsila affiliates were to act as construction and O&M contractors for the project. The power plant met about 98% of its production target as of September 2002 since operation began in September 2001. http://www1.ifc.org/ar2001/downloads/projectCommitments.pdf None

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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