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Devdiscourse News Desk | Nairobi | Updated: 07-01-2021 17:06 IST | Created: 07-01-2021 17:03 IST
Representative image. Image Credit: Twitter (@GDCKenya)
A parastatal of Kenya s government, Geothermal Development Company (GDC) has ensured and signed a grant contract for the funding of KSh 1.6 billion for testing and drilling program at the Paka element of the Baringo-Silali geothermal project in Kenya, according to a report by Think Geonergy.
As reported, Jared O. Othieno, the Managing Director and CEO of the Geothermal Development Company (GDC) has signed a Geothermal Risk Mitigation Fund (GRMF) grant esteeming Ksh.1.6 bn (over USD 14.5 million) for the execution of the testing and drilling program and infrastructural development in the Baringo-Silali Geothermal Project at Paka Project. ....

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