ELECTRICITY generating company Kengen has acquired 8000 acres for more power projects at Olkaria. Addressing shareholders during a tour of Olkaria geothermal projects, chairman Titus Mbathi said the company had purchased the land from the local community and has already identified where to resettle them.
" We have purchased 8,000 acres in this area and feasibility studies have shown that this land is able to produce 7000 megawatts which will be important for the achievement of Vison 2030," said Mbathi. He assured the locals that there would be no land conflicts within the area.
" The company will resettle the locals and put up adequate facilities and our philosophy is to make people better than we found them. We followed the UN protocol when acquiring the land," said Mbithi Shareholders said while the ongoing projects were good this should translate into lower cost of electricity.
"The company should consider regulating power costs after the current installation of projects are complete so that the average Kenyan may benefit from this project, said a shareholder Peter Ngugi.