Toyota Tsusho to invest billions in energy sector

IMAGE SOURCE: www.theeastafrican.co.ke/news/

Toyota Tsusho Corporation says it wants to invest billions of dollars in Kenya’s energy sector after it successfully build the 280-megawatt Olkaria plants that have significantly enhanced Kenya’s “green” credentials.

At a meeting in Tokyo with President Uhuru Kenyatta, who was on a five-day official visit, senior Toyota Tsusho executives said they had set their eyes on a number of geothermal projects the government is due to put to tender in the coming weeks.

The projects include a unit of Olkaria I and V, and Olkaria VI. Other fields of interest included Menengai, Akiira, Longonot, Baringo-Silali and Suswa power projects, Toyota Tsusho CEO Jun Karube told the President. READ MORE: www.capitalfm.co.ke/business