Kenya Plans First Nuclear Power Plant at $5 Billion Cost

Kenya plans to begin constructing its first nuclear power plant at a cost of $5 billion by 2021 as the country seeks to bring down the cost of electricity.

An unreliable and expensive power supply is cited by business as a deterrent to investment in East Africa’s biggest economy. The nuclear plant, due for completion in 2027, will add 1,000 megawatts, according to the nation’s Nuclear Electricity Board’s acting Chief Executive Officer Collins Gordon Juma.

The nation generates about 2,299 megawatts of electricity, mainly from geothermal wells and hydro-electricity dams, according to the Energy Regulatory Commission. It intends to increase capacity to 6,766 megawatts by 2020.

Read more: Kenya Plans First Nuclear Power Plant at $5 Billion Cost – Bloomberg

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