Kenya: Drilling at Longonot geothermal project begins in June
The firm said it would cost a minimum of $5 million (Sh515 million) to drill one well, the target being to sink up to 40 wells expected to generate 140 megawatts of geothermal electricity.
Mr Hassan, the National bank chairman, is a co-director at the AGIL. The company in 2013 announced it would start sinking wells in Longonot in search of steam and build a power plant at a cost of $600 million (Sh61.8 billion).
The drilling is yet to start five years later. A steam well takes about 60 days to drill, reaching depths of up to 3.5 kilometres.
Read more at MSN News (Neville Otuki)
