Kenyan tycoon wins $361mln tender to build gas plant in Mozambique

Kenyan tycoon wins $361mln tender to build gas plant in Mozambique

A Kenyan tycoon Humphrey Kariuki has won a Sh37.5 billion (about $361mln) tender to build a gas power plant in Mozambique.

Mr Kariuki through his GL Africa Energy firm based in the UK will build and operate a 250-megawatt gas-powered plant in north-eastern Mozambique.

GL Africa was established in 2013 and also operates a 103 megawatt thermal power plant in Ndola, Zambia.

In a statement issued by the National Petroleum Institute of Mozambique, Norway’s Yara will produce fertilisers and 30-50 MW of electricity, while Shell Mozambique will produce diesel and 50-80MW of power, Business Daily reports.

The Mozambican agency did not indicate the expected date of commissioning of the new plant