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/
Aliko Dangote, the Dangote Group's President, announced plans to sell 500MW of excess power to Kenyan industries from a proposed 1,000-megawatt power plant in Lamu. This comes during a fireside chat at the Nairobi Securities Exchange, where Dangote revealed the company would have around 500MW of additional power after meeting the requirements of its planned refinery in Lamu.
The power plant would provide industrial capacity for businesses operating in Lamu, eliminating the need for them to generate their own electricity. With a projected cost of $15bn to $16bn, the refinery is expected to become a significant industrial hub in East Africa, creating over 60,000 jobs and attracting additional businesses to the region.
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- Dangote to sell 500MW excess power in Kenya punchng.com
