A Kenyan businessman has won a Sh38.9 billion (~USD370M) tender to build and operate a 250MW gas-powered plant in north-eastern Mozambique.
Humphrey Kariuki’s company, GL Africa Energy, will build a power plant at Nacala District and utilize gas from the Rovuma basin to generate electricity.
Kariuki say he is delighted that the company has been selected by the Government of Mozambique to harness the potential of the Rovuma Basin gas reserves.
“Through state-of-the art power projects such as the Nakala District facility, GL Africa Energy is playing a vital role in generating affordable power to address the significant energy shortfall in the region and drive the development of the African Continent,” Kariuki commented.
GL Africa Energy UK, is among three firms that have been selected from 14 firms that originally bid for the Natural Gas Development Projects in the Rovuma gas basin.
Norway’s Yara will produce fertilisers and 30-50MW of electricity, while Shell Mozambique will produce diesel and 50-80MW of power, Mozambique’s National Petroleum Institute said.
GL Africa Energy (UK) currently operates a 103MW power plant, in Ndola, Zambia, and is working towards generating 1,000MW of power in the Great Lakes and Southern Africa region by 2020.
Kariuki owns substantial stakes in businesses in Kenya including the Hub Karen Mall, The Fairmont Mount Kenya Safari Club, WOW Beverages (formally Wines of the World), Africa Spirits Limited, Dalbit Petroleum among others.
Source: Capital Business