KTDA Invests in Green Energy by Commissioning Four Hydro Power Plants
Groundbreaking ceremonies of the Lower Nyamindi, South Mara, Iraru, North Mathioya hydro power projects.
KTDA has invested Kshs4.8 billion towards the projects in an effort to reduce operating costs for tea factories. The operations and maintenance of the power stations is expected to generate employment opportunities and a new revenue stream for tea farmers. August 20th 2015 - Kenya's largest tea management agency - Kenya Tea Development Agency (KTDA) - has undertaken a series of groundbreaking ceremonies for the construction of four hydro power projects; Lower Nyamindi, South Mara, Iraru and North Mathioya power projects. The projects are all set to provide an alternative cheaper source of energy for KTDA-managed tea factories in the country.
The commissioning of the projects is in line with KTDA's long term strategy to ensure that tea growing regions have access to alternative renewable forms of energy that will reduce operational costs in factories and create a new income stream for tea farmers.
Speaking during the ground breaking event at the North Mathioya site, KTDA Chief Executive Officer Mr. Lerionka Tiampati said that KTDA has invested Kshs 4.8 billion to ensure that tea growing regions have access to alternative energy sources leading to reduced operation costs.
“Energy costs account for about 30% of the operation costs in tea factories with electricity alone accounting for 17%. With the new hydro-plants, the factory is set to cut operation costs and additionally earn money from selling excess power,” he added.
Also looking at the importance of environmental sustainability, KTDA Chairman Peter Kanyago pointed out that, “The Kenya government is encouraging manufacturers to turn to green energy in order to achieve Vision 2030 goals, as well as to achieve MDG 7 of the Millennium Development Goals, which is to ensure environmental sustainability.” [Read More]