PROJECT

Projects

Summary of Investment Information

Project Number

36402

Company Name

KTDA POWER COMPANY LTD

Date SPI Disclosed

Sep 16, 2015

Country

Kenya

Region

Africa

Projected Board Date

Oct 20, 2015

Environmental Category

B - Limited

Status

Active

Last Updated Date

Sep 16, 2017

Department

Regional Industry - MAS ME & Africa

Industry

Infrastructure

Previous Events

Approved : Nov 11, 2015
Signed : Dec 18, 2015
Invested : Sep 14, 2017

Sector

Small Hydro (<10MW) - Renewable Energy Generation

Additional Project Attributes

Blended Finance

Project Description

The project consists of the design, construction, operation and maintenance of 7 run-of-the-river small-hydropower plants (“SHP”) with a total installed capacity of 16MW at various locations in Kenya. The SHPs will provide captive power generation for KTDA’s tea factories, and will sell any excess to the state-owned utility company, Kenya Power and Lighting Company (“KPLC”).

The Project is being developed by KTDA Power Company Limited (“KTDA Power”, or the “Company”), a wholly owned subsidiary of Kenya Tea Development Agency Holding Limited (“KTDA”, or the “Sponsor”).

This Project when completed will result in a significant energy cost saving for tea factories thus increasing financial benefits to the farmers.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation