Kenya Electricity Generating Company (KenGen) plans to develop
upto 560MW of Geothermal Power Plants at the Olkaria field in phases of 140MW
each through Public Private Partnerships (PPP). Interested bidders/consortiums are required
to express an interest in either:
i)
A Joint Venture Partner with KenGen in the development of the
Power Plant: or
ii)
An Energy Conversion Agreement under a tolling arrangement
Under the Energy
Conversion Agreement, KenGen will provide steam to the BOOT Contractor under a
tolling arrangement and enter into an Energy Conversion Agreement (ECA) with
the successful BOOT Contractor. The BOOT contractor will also be responsible
for operating and maintaining the plant.
Under the Joint Venture Arrangement, the successful bidder/consortium
will develop and own the power plant in a Joint Venture with KenGen. The
successful bidder/consortium would be the majority shareholder. The SPV would
source for the O&M and the EPC Contractor.
Bidders
must clearly specify which of the options above they are interested in. KenGen now invites qualified and competent
BOOT developers who will design,
finance, supply, construct, and operate the power plant for a period of either
10, 15 or 20 years under a BOOT contract after which the ownership will revert
back to KenGen at peppercorn
Bidders
must clearly specify which of the two options above and the number of
contractual years they are interested in.
Deadline: Friday
the 2nd of November, 2012
For more details copy the link below to your web browser
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