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GDC lands € 5 M grant for Baringo-Silali venture


GDC has acquired a serious increase after touchdown a EUR 5 million (KES 718,469,550) grant from the just-launched Inexperienced Resilient Electrical energy System Programme for Kenya. The GDC vote is a part of the EUR 20 million designated for Kenya.

GDC will use the funds for capability constructing in “Sustainable Undertaking Administration” in a bid to make sure well timed and profitable implementation of the Baringo-Silali geothermal venture. 

The programme was launched by the European Commissioner for Power, Kadri Simson and Kenya’s Cupboard Secretary of Power and Petroleum Hon. Davis Chirchir, at a side-event of the simply concluded 9th IEA World Convention on Power Effectivity that happened in Nairobi.  The Ministry of Power and Petroleum and the Worldwide Power Company (IEA) co-hosted the two-day convention that happened on Might 21-22, 2024. 

The GDC Managing Director and CEO Mr. Paul Ngugi, compares notes with the
European Commissioner for Power, Kadri Simon through the launch
of the Inexperienced Resilient Electrical energy System Programme for Kenya, in Nairobi.

The Inexperienced Resilient Electrical energy System Programme is supported by World Gateway which is Europe’s funding technique for the world.

In his assertion, the CS famous that: “By making the Kenyan vitality system extra resilient, environment friendly and clear, the programme undoubtedly contributes to Kenya’s vitality and local weather objectives, powering socio-economic development and transformation, in addition to, supporting inexperienced industrialisation, employment and discount of greenhouse gasoline emissions”.

On the convention, the GDC delegation was led by the Managing Director & CEO Mr. Paul Ngugi. He was accompanied by Performing Common Supervisor, Technique, Analysis & Innovation Eng. Martha Mburu, and Undertaking Administration Engineer, Moses Kachumo.

The Convention introduced collectively leaders in authorities, enterprise and civil society, from throughout the globe who’re searching for to speed up coverage motion on vitality effectivity. Being held for the primary time in Africa, the Convention sought to consolidate progress and drive momentum in direction of the worldwide objective of doubling vitality effectivity progress between now and 2030 – a key final result of COP28.

European Commissioner for Power, Kadri Simon (second proper) with GDC Managing Director and CEO Mr. Paul Ngugi (centre) and different members of the GDC delegation together with Performing Common Supervisor, Technique, Analysis & Innovation Eng. Martha Mburu, and Undertaking Administration Engineer, Moses Kachumo.

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