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New Chairman for Kenyas Geothermal Development Company

Drilling crew at Menengai, Kenya (source: flickr/ GDC5000)
Alexander Richter 30 Ara 2013

Kenya's President Uhuru Kenyatta appoints the founder of Mount Kenya University, Simon Gicharu, as new Chairman for the Geothermal Development Company (GDC).

Local news report that Kenya’s President Uhuru Kenyatta has appointed Simon Gicharo as new Chairman to the country’s Geothermal Development Company (GDC).

Mr. Gicharu is the founder of Mount Kenya University and will now be tasked to fast-track development of Kenya’s geothermal resources. GDC is expected to drill 1,4000 steam wells for the development of up to 5,000 MW in geothermal power generation capacity by 2030.

There are no indications that this will lead to management changes in the company.

Source: Standard Media