Dangote to sell 500MW excess power in Kenya
The Dangote Group plans to sell 500MW of excess electricity to the Kenyan government from a new 1,000MW power plant to be built in Lamu, Kenya. Read More: https://punchng.com/dangote-to-sell-500mw-excess-power-in-kenya/
The Dangote Group intends to sell an additional 500 megawatts of electricity to Kenyan industries from a proposed 1,000-megawatt power plant, which will be constructed alongside its refinery in Lamu, Kenya. During a fireside chat at the Nairobi Securities Exchange, Dangote Group's President, Aliko Dangote, revealed that the company would have about 500MW of excess power after fulfilling the refinery's needs.
The planned power project would provide extra electricity capacity for industries establishing operations in Lamu, where the group is also developing a refinery. The refinery will demand around 500MW, including approximately 450MW for operations and an additional 50MW to account for fluctuations. The remaining 500MW will be sold to the Kenyan government under an agreement, thereby creating additional power capacity to support industrial development in Lamu.
Written by urgent.news from Punch's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Dangote to sell 500MW excess power in Kenya punchng.com
