Industry Geothermal power firm gets Sh500m grant for Baringo wellsGeothermal Development Company engineers at a project site in Nakuru. The grant will be used to fund 40 per cent of the costs for drilling and testing at the Paka Geothermal Project, one of three geothermal prospects in the area. “The funding will go towards the cost of the exploration drilling programme for the Paka Geothermal Project in Baringo,” GDC managing director and chief executive Jared Othieno said on Wednesday. Under the agreement, GDC will drill two deep geothermal wells and upgrade the existing infrastructure to allow further development of the geothermal resource. The Baringo-Silali Geothermal Project, consisting of the Silali, Paka and Korosi geothermal works, is situated about 25km north of Lake Baringo.

Source: The North Africa Journal March 17, 2021 13:41 UTC