Addis Ababa, Ethiopia (27 April 2022)
Kenya Electricity Generating Company PLC (KenGen) had signed an agreement with Ethiopian Electric Power (EEP) back in October and November 2019 for geothermal drilling services in the Tulu Moye and Aluto-Langano geothermal fields in Ethiopia, respectively. Business Daily reported on April 25 that KenGen has successfully drilled 3 in the former and 4 in the latter region.
The Aluto-Langano project commenced in July, and the company finished drilling the second well with a depth of 3,000 meters in November, which became Ethiopia’s deepest geothermal well yet. Within the next few weeks, KenGen will begin drilling the fifth well for the EEP project at Aluto-Langano, Think Geo Energy reported. KenGen had also secured a Ksh.709 million($6.1Mn) project to provide commercial drilling services in Djibouti, in addition to Ethiopia.
As per KenGen’s 2021 press release, its Ethiopian and Djibouti ventures are part of the company’s ambitious diversification strategy, in which the company aims to obtain new revenue streams across Africa by supplying commercial drilling services, geothermal consultancy services, and other ancillary activities.
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