Home KENYA NEWS Kenya to Build Sh540 Billion Nuclear Power Plant

Kenya to Build Sh540 Billion Nuclear Power Plant

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Kenya to Build Sh540 Billion Nuclear Power Plant

Kenya is set to become the second country on the continent to have a nuclear power plant. 

The government plans to build the $5 billion (Sh540 billion) plant on a site in Tana River County over the next seven years, according to the Kenya Nuclear Electricity Board (KNEB).

KNEB revealed the plan in a regulatory filing with the National Environment Management Authority (Nema), Business Daily reported.

The State agency indicated that the plant whose construction will be funded through private investors under a Build Operate Transfer (BOT) agreement, will be able to generate 1,000 megawatts (Mw) of power in the initial stages.

“The financing aspect of the Nuclear Power Plant is among the plans underway with a Build Operate Transfer (BOT) being the most preferred financing agreement with the concessionaire that shall come on board,” KNEB said in its plans.

China, Russia, South Korea, and Slovakia are among the notable sponsors-to-be of the plant—which will become the country’s most expensive infrastructural project overtaking the Standard Gauge Railway, which cost over Sh300 billion.

Initially, KNEB had identified Lake Victoria and Lake Turkana basins as the possible sites for the plant but eventually settled on Tana River because it is not prone to earthquakes.

If the project is actualized, Kenya will join South Africa as the only African nations with nuclear power plants.

Presently, Kenya largely relies on Geothermal power whose production stands at 45 percent ahead of hydropower (28 percent, wind (13 percent), and diesel-run generators (11 percent).

KNEB has warned that runaway corruption could derail the realization of the project and that any compromise on implementation standards for the plant would be a hazard.

“Kenya is at a risk due to the expected investment of Ksh500 billion into the Nuclear Power Plant if the current issues of run-away corruption are not curtailed, which may lead to massive public economic loss due to possible implementation delays and overruns as experienced in other mega projects in the country,” the agency states.
“The vice has the potential of exposing the country to national safety and security risks.”
 

12 COMMENTS

  1. Kenyans are never short of…
    Kenyans are never short of ideas as to how to find a cow and milk it dry.

  2. kweli these people are…
    kweli these people are stupid, while countries like germany, Japan, france are decommissioning their nuke fleets we are busy planning on building new ones, these plants are very sensitive to any disruptions and are very expensive to maintain and run, have they disclosed where they will store dispose the used nuclear fuel which is very harmful to the enviroment and human beings because of it being radioactive? what about solar instead of nuclear. places like texas building 100MW solar power plants instead on nuclear power plants for a reason. We can store solar power to be used at night, no enviromental impacts and much cheaper to run and operate. they should not waste another cent in doing studies or anything to do with this stupid idea

    • We need you in this project…
      We need you in this project ASAP so your input can be heard and make sure you tell the white people or chinese know how this things work… We are Kenyan who are most educated in the fae of the earth but we keep going to this western country because we have a problem managing ourself and l guess we need them becuase the minute we are given the money… 3/4 will disappear in the pockets of kenya. Okay l change mu mind get white and chinese to build it to avoid stealing… No stone throwing here me just thinking.

      • liz this nuclear thing will…
        liz this nuclear thing will not be built, we will have to do what we have to do. russia trying to sell old stuff they dont need to a 3rd world country

        • Uhuru will buy it, you know…
          Uhuru will buy it, you know how we do not value our lifes, an African leader can easily auction its people for the sake of money which they will die and leave others to enjoy.

  3. Looking for a way to steal. …
    Looking for a way to steal. First thing it will be overpriced. 2nd, well connected will buy land where is monster will be build and then sell it out at a 800% profit.

  4. Wrong! wrong! the timing is…
    Wrong! wrong! the timing is wrong . what for ? this is a time bomb they are bringing to our lovely country

  5. A country which can not even…
    A country which can not even feed its citizens, or provide basic needs like sanitation but they’re busy talking of nuclear plant,Jesus another cow to milk dry i totally agree.

  6. Where is the fuel going to…
    Where is the fuel going to come from? Where will the waste be disposed of safely? So we will have to import uranium or plutonium from somewhere else? Why not build more hydro plants, we have all these rivers.

  7. Ethiopia is getting a whole…
    Ethiopia is getting a whole 6,400 Megawatts renewable hydropower GERD for $4.3 billion, we are only getting 1,000 Megawatts? Just like SGR we are paying way more than the Ethiopians everytime.

  8. Who will manage and maintain…
    Who will manage and maintain the power plant. They can not even maintain roads or hospitals. They should leave sleeping dogs be.

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