π Tender Overview
Scope :
Olkaria industrial park to cost Sh110 billion. The biggest energy producer in Kenya, KenGen, is progressing with plans to construct a Sh110 billion industrial park at Olkaria in Naivasha, Nakuru County.
The industrial park will focus on industries including fertilizer, iron and steel, textiles, foods, and beverages, among others. Construction will start in 2025.
The 1,824 hectares owned by KenGen at the Olkaria geothermal hub will be used for the project.
The National Environment Management Authority (Nema) recently sought public comments on the project. It received a strategic environmental and social assessment (SESA) report from the company for its Energy (Industrial) Masterplan.
The proposed masterplan will be carried out in four phases. It is said that each phase will take five years. The first phase is expected to begin in the year 2025.
The company initiated a search in 2014 for a consultant to conduct a feasibility study on the project, develop a master plan, and also prepare a budget for it.
The consultant was also tasked with developing the financial model, institutional framework, and marketing strategy. It was also supposed to come up with implementation roadmap for the energy park.
For the project that would be finished in 20 years, KenGen recruited a South Korean firm to carry out a feasibility study in February 2016.
The electricity producer commenced a search for build own operate transfer contractors in 2017 for the project. The project includes setting up an energy park, constructing warehouses and manufacturing plants, and also installing steam generation facilities.
All kinds of industries, from small to large, will be catered to by KenGen Energy Park and will all profit from the companyβs cheaper electricity.