US firm loses battle for Sh21b Lamu wind farmUS energy firm Cordisons International has lost an 11-year battle to put up a Sh21 billion wind power farm in Lamu County.The Supreme Court last week threw out the appeal by Cordisons that sought to compel the National Land Commission (NLC) to issue the firm with a leasehold to 11,000 acres of land in Kiongwe, Lamu County to build a wind farm. Last week’s judgement brings to an end a protracted suit by the power firm that had promised the largest renewable power project in the Coast region. The Supreme Court judgment also paves way for Kenwind Holdings to proceed with its 90MW Baharini Wind Power project. In February this year, Kenya Power signed a 20-year power purchasing agreement with Baharini Wind Power after a month-long delay that saw the Belgian investors threaten to pull out. Baharini had proposed 12 US cents per kilowatt-hour (kWh), which Kenya Power shot down and the two parties settled on 7 US cents per kilowatt-hour (kWh).

Source: Standard Digital May 05, 2020 06:22 UTC