QUANTUM POWER MENENGAI 35 MW GEOTHERMAL IPP (AFDB-P-KE-FZ0-013)

Countries
  • Kenya
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • African Development Bank (AFDB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Jun 6, 2018
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Quantum Power Geothermal QPEA GT Menengai Limited
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Project Cost (USD)
$ 46.16 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ AFDB website

Updated in EWS Jan 21, 2025

Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

The present intervention concerns the Menengai Geothermal Power Project. It entails the design, construction and operation of a 35MW geothermal power plant, located in the Menengai geothermal field in Nakuru County, Kenya. The electricity generated will be evacuated through a 13 km 132 kV transmission line which has been completed by the Kenya Electricity Transmission Company Limited (KETRACO). The project will support the Government’s ambitions to boost the country’s social economic development programmes through increased delivery of reliable and affordable electricity. This will in turn lower the cost of doing business in the country and improve Kenya’s competitiveness in the region. The project is well also aligned with Kenya’s development programs in particular Kenya’s Vision 2030, the Medium Term Plan II and the Least Cost Power Development Plan 2009-2029.

The purpose of the project is to support socio-economic development in Kenya by increasing installed energy capacity, diversifying the country’s energy mix and fostering private sector development.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Total Cost: 65403020 

Currency: UAC

 

Source of financing: 21547159.06 UAC

Co-financed: 14608243.43 UAC

 


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Task Manager: JAKOET Jasmin, PESR2 / no contact details provided at the time of disclosure

ACCOUNTABILITY MECHANISM OF AfDB

The Independent Review Mechanism (IRM), which is administered by the Compliance Review and Mediation Unit (CRMU), is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an African Development Bank (AfDB)-financed project. If you submit a complaint to the IRM, it may assist you by either seeking to address your problems by facilitating a dispute resolution dialogue between you and those implementing the project and/or investigating whether the AfDB complied with its policies to prevent environmental and social harms. You can submit a complaint electronically by emailing crmuinfo@afdb.org, b.kargougou@afdb.org, b.fall@afdb.org, and/or s.toure@afdb.org. You can learn more about the IRM and how to file a complaint at https://www.afdb.org/en/independent-review-mechanism/.

How it works

How it works