Kenyans for Justice and Development (KEJUDE) Trust, a legal trust incorporated in Kenya and founded on republican principles, was set up with the purpose of promoting democratic governance, economic development, and prosperity.
We are reliably informed that Amu Power Company intends to build, on a build-own-operate model, a 1,050 MW capacity private coal-fired thermal power plant in Kwasasi area of Lindi, about 21km north of Lamu Town, along Kenya's Indian Ocean coast, with private financing to the tune of US$ 2 billion (Kshs 200 billion).
We are aware that, though it is a private venture, President Uhuru Kenyatta led a delegation of investors to sign a Kshs 200 billion deal in China completing the funding needs of the project. Media reports also indicate that the company has signed a 25 year Power Purchase Agreement (PPA) with Kenya Power.
Currently, Kenya is experiencing excess power production with an installed capacity of about 2,400 MW whereas peak power demand (consumption) is below 1,800 MW. Even when expensive thermal power is decommissioned, installed power will still be way above the 1800 MW peak demand.
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