Amu Power Company

Amu Power Company is a power generation company based in Nairobi, Kenya.[2]

Amu Power Company Limited
TypePrivate
IndustryElectric Power
Generation
Founded2013
HeadquartersNairobi, Kenya
Key people
Francis Njogu
Managing Director[1]
ProductsElectricity
WebsiteHomepage

Overview

Amu Power Company was formed as a consortium between Gulf Energy and Nairobi Securities Exchange-listed Centum Investment Company Limited.[3]

The firm was awarded the tender by the Government of Kenya to develop a 981.5 Megawatt coal-fired power plant in the Manda area of Lamu County,[4] dubbed the Lamu Coal Power Station.[5] This would be the first coal power station in East Africa and the project is valued at KSh164 Billion.[6]

The coal plant is being challenged in court and fought by local activists. Lamu is a UNESCO world heritage site that is threatened by the Plant.[7] One could therefore argue the investment is in danger of failing to take off.[8]

Hindpal Jabbal, the former chairman of Energy Regulation Commission of Kenya states that the coal plant is a massive waste of public funds as capacity charges alone will cost Kenyan Taxpayers KSh360 billion (US$360 million), annually, even if no electricity is consumed·[9]

Ownership

The company is owned by a consortium whose shareholding was as depicted in the table below, as of May 2018:[10][11]

Amu Power Company Stock Ownership
RankName of OwnerPercentage Ownership
1Centum Investment Company Limited
2Gulf Energy
3China Huadian
4Sichuan Number 3 Power Construction Company
5Sichuan Electric Power Design and Consulting Company
6 GE Power 20.00
Total100.00

Lamu Coal Power Station
Main article: Lamu Coal Power Station

Lamu Coal Power Station is a proposed 981.5 megawatt coal-fired thermal power station in Kenya, the largest economy in the East African Community.[12] The design of the coal plant, calls for the use of new and improved plant machinery, a boiler and steam turbine generator, as well as air quality control systems. The technology, built using General Electric's latest clean-coal technology, greatly reduces emission of Sulfur dioxide, Nitrogen Oxide and particulates (dusts), to levels comparable to gas-fired power plants.[11]

See also

References
  1. Otuki, Neville (8 June 2015). "Chinese Firm Signs KSh96 Billion Contract for Lamu Coal-Fired Electricity Plant". Business Daily Africa (Nairobi). Retrieved 11 June 2015.
  2. Otuki, Neville (21 June 2018). "Why Kenya needs to add coal to its electricity mix". Business Daily Africa. Nairobi. Retrieved 23 June 2018.
  3. Amu Power Company (17 May 2018). "About Amu Power". Nairobi: Amu Power Company Limited. Retrieved 17 May 2018.
  4. ExpoGroup (5 March 2015). "Construction of US$2 billion coal power plant in Lamu, Kenya to commence in October". ExpoGroup. Retrieved 17 May 2018.
  5. Standard Reporter and Reuters (15 January 2015). "Tribunal Backs Centum Consortium's KSh170 Billion Coal Power Plant Tender Win". The Standard (Kenya). Nairobi. Retrieved 17 May 2018. {{cite web}}: |author= has generic name (help)
  6. Wasuna, Brian (14 January 2015). "Centum Wins KSh164 Billion Coal Power Plant Tender Case". Business Daily Africa. Nairobi. Retrieved 17 May 2018.
  7. The Conversation (31 May 2017). "Why Lamu coal plant does not make sense". The Star (Kenya). Nairobi. Retrieved 17 May 2018.
  8. Ramadhan Rajab (11 June 2017). "Omtatah demands full disclosure on Lamu coal plant, says project unnecessary". The Star (Kenya). Nairobi. Retrieved 17 May 2018.
  9. Kubania, Jacqueline (9 April 2018). "At what cost will Lamu coal power plant be to Man and Sea?". Daily Nation. Nairobi. Retrieved 17 May 2018.
  10. Senelwa, Kennedy (14 May 2016). "Kenya now securing land for Lamu coal plant". The EastAfrican. Nairobi. Retrieved 15 May 2016.
  11. Kariuki, James (17 May 2018). "GE buys Sh40bn stake in Lamu coal plant". Business Daily Africa. Nairobi. Retrieved 17 May 2018.
  12. Kangethe, Kennedy (20 March 2014). "Kenya: Government Seeks Coal Power Plant Investors". Nairobi: 98.4 Capital FM via Africa.com. Retrieved 24 January 2015.

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