State Reveals Source of Funding for Ksh 500B Nuclear Project

The project's construction is set to begin in 2027, just a few months before the general elections, and is expected to add 1,000MW to the grid...

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Kenya is set to finance its ambitious Ksh 500 billion nuclear power project using a blended financing model that combines Public Private Partnerships (PPPs) with other funding sources.

The project is valued at Ksh 500 billion and aims to introduce stable baseload power.
The Director General of Public Private Partnerships, Engineer Kefa Seda, outlined the financing strategy.
The 1,000 MW plant is planned for Siaya, with construction beginning in 2027 and operations by 2034.

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