In efforts to increase power affordability in Kenya, Lake Turkana Wind Power Project has received an addition Ksh 21.75 billion from the US government.
Read also http://www.kenyaengineer.co.ke/index.php/f/1928-adf-funds-first-partial-risk-guarantee-for-the-wind-power-project-in-turkana
The 310 megawatt project being channeled through Overseas Private Investment Corporation (OPIC) will serve 2.5 million Kenyans. Thus, Kenyans will be able to enjoy cheap electricity at their homes and in industrial applications, save cost of energy and heighten Kenya’s electricity by 20%.
Employment opportunities will be accessible to 2,000 Kenyans and almost 200 full time jobs will be accessed from the project thanks to the collaboration between OPIC and Kenya.
This will also eradicate traditional methods used during the dry season and if the project is completed in time, issues of power shortages experienced across the country will be minimal.
This comes after the Board of the African Development Bank funded the commencement of a power generation plant in Turkana with a loan of Ksh75.3billion ($870million) from investors.
OPIC, is a US Government development finance institution and joins other development finance institutions in completion of the wind project.