Amu Power in talks to revive Lamu coal plant project


Business Daily | by Victor Juma

Amu Power is in talks with its partners in the stalled 1,050-megawatt coal-fired power plant in Lamu with a view to advance the project.

The venture has faced a series of setbacks including revocation of an environmental licence, delays in raising funds from banks and an announcement by the technical partner General Electric that it is exiting the coal power business.

“Discussions are progressing with key stakeholders to agree on the way forward on the project…

Read more…


LEAVE A REPLY

Please enter your comment!
Please enter your name here