Amu Power Company
| Private | |
| Industry |
Electric Power Generation |
| Founded | 2013 |
| Headquarters | Nairobi, Kenya |
Key people |
Francis Njogu Managing Director[1] |
| Products | Electricity |
| Website | Homepage |
Amu Power Company is a power generation company based in Nairobi, Kenya.[2]
Overview
Amu Power Company was formed as a consortium between Gulf Energy and Nairobi Securities Exchange-listed Centum Investment Company Limited.[3]
The firm was awarded the tender by the Government of Kenya to develop a 981.5 Megawatt coal-fired power plant in the Manda area of Lamu County,[4] dubbed the Lamu Coal Power Station.[5] This would be the first coal power station in East Africa and the project is valued at KSh164 Billion.[6]
The coal plant is being challenged in court and fought by local activists. Lamu is a UNESCO world heritage site that is threatened by the Plant.[7] One could therefore argue the investment is in danger of failing to take off.[8]
Hindpal Jabbal, the former chairman of Energy Regulation Commission of Kenya states that the coal plant is a massive waste of public funds as capacity charges alone will cost Kenyan Taxpayers KSh360 billion (US$360 million), annually, even if no electricity is consumed·[9]
Ownership
The company is owned by a consortium whose shareholding was as depicted in the table below, as of May 2018:[10][11]
| Rank | Name of Owner | Percentage Ownership |
|---|---|---|
| 1 | Centum Investment Company Limited | |
| 2 | Gulf Energy | |
| 3 | China Huadian | |
| 4 | Sichuan Number 3 Power Construction Company | |
| 5 | Sichuan Electric Power Design and Consulting Company | |
| 6 | GE Power | 20.00 |
| Total | 100.00 | |
Lamu Coal Power Station
Lamu Coal Power Station is a proposed 981.5 megawatt coal-fired thermal power station in Kenya, the largest economy in the East African Community.[12] The design of the coal plant, calls for the use of new and improved plant machinery, a boiler and steam turbine generator, as well as air quality control systems. The technology, built using General Electric's latest clean-coal technology, greatly reduces emission of Sulfur dioxide, Nitrogen Oxide and particulates (dusts), to levels comparable to gas-fired power plants.[11]
See also
References
- ↑ Otuki, Neville (8 June 2015). "Chinese Firm Signs KSh96 Billion Contract for Lamu Coal-Fired Electricity Plant". Business Daily Africa (Nairobi). Retrieved 11 June 2015.
- ↑ Otuki, Neville (21 June 2018). "Why Kenya needs to add coal to its electricity mix". Business Daily Africa. Nairobi. Retrieved 23 June 2018.
- ↑ Amu Power Company (17 May 2018). "About Amu Power". Nairobi: Amu Power Company Limited. Retrieved 17 May 2018.
- ↑ ExpoGroup (5 March 2015). "Construction of US$2 billion coal power plant in Lamu, Kenya to commence in October". ExpoGroup. Retrieved 17 May 2018.
- ↑ Standard Reporter and Reuters (15 January 2015). "Tribunal Backs Centum Consortium's KSh170 Billion Coal Power Plant Tender Win". The Standard (Kenya). Nairobi. Retrieved 17 May 2018.
- ↑ Wasuna, Brian (14 January 2015). "Centum Wins KSh164 Billion Coal Power Plant Tender Case". Business Daily Africa. Nairobi. Retrieved 17 May 2018.
- ↑ The Conversation (31 May 2017). "Why Lamu coal plant does not make sense". The Star (Kenya). Nairobi. Retrieved 17 May 2018.
- ↑ Ramadhan Rajab (11 June 2017). "Omtatah demands full disclosure on Lamu coal plant, says project unnecessary". The Star (Kenya). Nairobi. Retrieved 17 May 2018.
- ↑ Kubania, Jacqueline (9 April 2018). "At what cost will Lamu coal power plant be to Man and Sea?". Daily Nation. Nairobi. Retrieved 17 May 2018.
- ↑ Senelwa, Kennedy (14 May 2016). "Kenya now securing land for Lamu coal plant". The EastAfrican. Nairobi. Retrieved 15 May 2016.
- 1 2 Kariuki, James (17 May 2018). "GE buys Sh40bn stake in Lamu coal plant". Business Daily Africa. Nairobi. Retrieved 17 May 2018.
- ↑ Kangethe, Kennedy (20 March 2014). "Kenya: Government Seeks Coal Power Plant Investors". Nairobi: 98.4 Capital FM via Africa.com. Retrieved 24 January 2015.
