By VICTOR JUMAMore by this AuthorCayman Islands-registered oil firm Midway Resources International (MRI) is set to set up a gas-fired power plant in Lamu building on the county’s rising profile as an emerging electricity production hub. “The objective of the feasibility study is to evaluate the technical, financial, environmental and other critical aspects of developing a natural gas-fired power plant in Lamu County,” the multinational said in a statement. Amu Power, a consortium comprising Centum Investment Company, also plans to build a coal-powered 1,050 MW plant in Lamu. The company also owns a series of fields, called Pate, with proven gas resources and which will power the proposed electricity plant. Others are Bechtel Corporation (USA) which will provide technical configuration for the power plant, and Synergy Consulting (USA) which is responsible for provision of financial services.

Source: Daily Nation February 07, 2018 06:56 UTC