Category: Investment

23 Jul
By: Vince 0

Governor, GDC Form Pact for Nakuru

Governor Kinuthia Mbugua and the Geothermal Development Company have today agreed to form a joint stakeholders committee that will look into all possible ways that energy generated by the firm can benefit the people of Nakuru directly or indirectly.

This was after a daylong consultative meeting held between the County Government, GDC and the Nakuru business community where the partnership will give great impetus to the development of Nakuru County.

Governor Mbugua reiterated that the County stands to be immensely transformed into a super city with enough potential to attract much needed investments from local businesses and from abroad.

“As a County we need to be proud of this resource that GDC has presented to us because of its uniqueness and ability to turn around this County in unimaginable ways.”

The committee to be chaired by the Nakuru’s Ranjit Shah (Kenya Association of Manufacturers – Nakuru Branch) and will include not less than three members from various sectors including the GDC, Nakuru County Executive, representatives from the County Assembly, and the Nakuru business community.

Some of the benefits the Governor stressed to be looked into by the committee include;
1. Employment – directly and indirectly
2. Business opportunities through tenders, and local supplies
3. Investments in the energy sector

Governor Mbugua added that his government fully recognizes the role GDC will play in the County and assured of full co-operation from all the relevant arms of the government.

“We as leaders recognize the efforts placed in achieving this feat and the progress made. There is a lot of potential for investments and we look forward to partnering with you in making this a reality.

Governor Mbugua was accompanied by the CeC in charge of Energy and Natural Resources Richard Rop and other County executives and officers alongside Members of the County Assembly.

He was taken through a presentation on GDC operations by the CEO Silas Simiyu who highlighted the key areas that the County stands to benefit.

According to Simiyu, Nakuru County will benefit in various areas including farming and the hospitality industry as consumers of geothermal resources.

The geothermal power will be used in grain silos – drying of grains and cereals and other farm products including pyrethrum , green houses and hotels, chemical & medicinal plants processing such as Aloe Vera, dairy industry cooling plants, pasteurization and Recreation – hot bath/swimming pool, treatment of hides and skins, honey processing, cooking oils production.

Asked on the viability of transmitting energy to industries in far flung areas, Mr. Simiyu urged the need of creating industrial park.

“It’s possible now that plans to create Industrial Parks/Special Economic Zones are taking shape. We will be able to transmit as long as the industrial zones are in close proximity to our source.”
GDC has successfully completed drilling 18 wells in Menengai with the first having a capacity of producing 80 Mega Watts.

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