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Amu Power Company

Coordinates: 00°19′59″S 36°25′43″E / 0.33306°S 36.42861°E / -0.33306; 36.42861
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Amu Power Company Limited
Company typePrivate
IndustryElectric Power
Generation
Founded2013
HeadquartersNairobi, Kenya
Key people
Francis Njogu
Managing Director[1]
ProductsElectricity
WebsiteHomepage

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

Overview

Amu Power Company was formed as a consortium between Gulf Energy and Nairobi Securities Exchange-listed Centum Investment Company Limited.[2]

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,[3] dubbed the Lamu Coal Power Station.[4][5] This would be the first coal power station in East Africa and the project is valued at KSh164 Billion.

Ownership

The shareholding in the stock of the Amu Power Company was as follows as of May 2015:[6]

Amu Power Company Stock Ownership
Rank Name of Owner Percentage Ownership
1 Centum Investment Company Limited 51.00
2 Gulf Energy 49.00
Total 100.00

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.[7]

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. ^ "About Amu Power". Amu Power Company. Retrieved 11 June 2015.
  3. ^ "Construction of US$ 2bn coal power plant in Lamu, Kenya to commence in October". Construction review online. 5 March 2015. Retrieved 11 June 2015.
  4. ^ Standard Reporter, and Reuters (15 January 2015). "Tribunal Backs Centum Consortium's KSh170 Billion Coal Power Plant Tender Win". The Standard (Kenya). Retrieved 24 January 2015. {{cite web}}: |first= has generic name (help)
  5. ^ Wasuna, Brian (14 January 2015). "Centum Wins KSh164 Billion Coal Power Plant Tender Case". Business Daily Africa (Nairobi). Retrieved 24 January 2015.
  6. ^ "Centum Senior Unsecured Fixed Rate Notes and Senior Unsecured Equity information memorandum" (PDF). Centum Investment Company Limited. 14 May 2015. Retrieved 11 June 2015.
  7. ^ Kangethe, Kennedy (20 March 2014). "Kenya: Government Seeks Coal Power Plant Investors". 98.4 Capital FM (Nairobi). Retrieved 24 January 2015.

00°19′59″S 36°25′43″E / 0.33306°S 36.42861°E / -0.33306; 36.42861