Business Daily | by Patrick Alushula
Kenya Electricity Generating Company (KenGen) has booked Sh440.34 million revenue from drilling geothermal wells in Ethiopia, offering a boost to its earnings.
The earnings were booked by KenGen Ethiopia — a branch set up by KenGen in 2019 to facilitate the execution of commercial consultancy and drilling services contract signed with Tulu Moye Geothermal Operations.
KenGen managing director Rebecca Miano made the disclosure in the latest annual report, adding that the firm also plans to start drilling services for the Aluto-Langano project — also in Ethiopia…
