February 25, 2019 / 10:33 AM / 5 months ago

KenGen gets contract with Ethiopian Electric Power for geothermal drilling

Kenya Electricity Generating Company (KenGen) workers walk past the pylons of high-tension electricity power lines at the Olkaria II Geothermal power plant near the Rift Valley town of Naivasha, Kenya February 15, 2018. REUTERS/Thomas Mukoya/File Photo

(Reuters) - Kenya’s KenGen on Monday said it secured a multi-million shillings contract to provide geothermal drilling services to state-run Ethiopian Electric Power.

The power producer’s contract with East Africa’s largest power producing company is being funded by the World Bank through a loan to the Ethopian government for 7.6 billion shillings ($76.8 million), KenGen said in a statement.

Reporting by Samantha Machado in Bengaluru; Editing by Bernard Orr

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