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Lake Turkana Wind Power
Rank: Elder Joined: 11/15/2011 Posts: 4,518
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murchr wrote:kawi254 wrote:LTWP Power Purchase Agreement has below clause .. "Kenyans will also have to contend with a 14 per cent inflation adjustment on the Sh8.6 per kWh as per the 20-year long Power Purchase Agreement struck between the wind farm and the government." What does the 14% Inflation adjustment mean over a 20 year period?Is this a compound or simple interest adjustment every year? That would make the Wind Power more expensive than thermal. I think ERC/GoK/KPLC send rookies to negotiate these PPAs. 14%? Who comes up with these numbers? Another thing can KPLC choose not to buy the power? https://www.linkedin.com...ity:6460082376977502208
"The true measure of a man is how he treats someone who can do him absolutely no good.
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Rank: Elder Joined: 12/4/2009 Posts: 10,717 Location: NAIROBI
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kawi254 wrote:LTWP Power Purchase Agreement has below clause .. "Kenyans will also have to contend with a 14 per cent inflation adjustment on the Sh8.6 per kWh as per the 20-year long Power Purchase Agreement struck between the wind farm and the government." What does the 14% Inflation adjustment mean over a 20 year period?Is this a compound or simple interest adjustment every year? That would make the Wind Power more expensive than thermal. I think ERC/GoK/KPLC send rookies to negotiate these PPAs. There is local shareholding so someone is going to benefit handsomely Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/23/2009 Posts: 13,570 Location: nairobi
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Ericsson wrote:kawi254 wrote:LTWP Power Purchase Agreement has below clause .. "Kenyans will also have to contend with a 14 per cent inflation adjustment on the Sh8.6 per kWh as per the 20-year long Power Purchase Agreement struck between the wind farm and the government." What does the 14% Inflation adjustment mean over a 20 year period?Is this a compound or simple interest adjustment every year? That would make the Wind Power more expensive than thermal. I think ERC/GoK/KPLC send rookies to negotiate these PPAs. There is local shareholding so someone is going to benefit handsomely It's gone live.. President launch to happen first week December
COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 1/15/2015 Posts: 681 Location: Kenya
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obiero wrote:Ericsson wrote:kawi254 wrote:LTWP Power Purchase Agreement has below clause .. "Kenyans will also have to contend with a 14 per cent inflation adjustment on the Sh8.6 per kWh as per the 20-year long Power Purchase Agreement struck between the wind farm and the government." What does the 14% Inflation adjustment mean over a 20 year period?Is this a compound or simple interest adjustment every year? That would make the Wind Power more expensive than thermal. I think ERC/GoK/KPLC send rookies to negotiate these PPAs. There is local shareholding so someone is going to benefit handsomely It's gone live.. President launch to happen first week December How much power are they finally projecting to get to the national grid?
60% Learning, 30% synthesizing, 10% Debating
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Rank: Elder Joined: 1/8/2018 Posts: 2,211 Location: DC (Dustbowl County)
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Where are all those crazy persons who keep saying the Kenyan economy is in the doldrums? The line is done! Yet another game changer. 2300+ MW installed capacity. KETRACO building high voltage lines all across the country. I like his quote; "We are a generation that is making history..if everyone plays their role..then you can be sure we can achieve (seeming) impossibilities." God bless red hawwtt Kenya!
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Rank: Elder Joined: 1/8/2018 Posts: 2,211 Location: DC (Dustbowl County)
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Great job highlighting this project some months back and following up, Jeff! This is what real journalism is all about. Wish all Kenyan journalists did such stories instead of the usual political obsessions.
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Rank: Member Joined: 1/1/2011 Posts: 396
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MugundaMan wrote:Great job highlighting this project some months back and following up, Jeff! This is what real journalism is all about. Wish all Kenyan journalists did such stories instead of the usual political obsessions. Agreed!!
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Rank: Member Joined: 5/4/2011 Posts: 116
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unable to post tweet but they have reached 94% capacity https://twitter.com/LTWP...atus/1063352019380027392"Children today are tyrants. They contradict their parents, gobble their food, and tyrannize their teachers."
•Socrates (470?-399 BC)
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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wal6807 wrote:unable to post tweet but they have reached 94% capacity
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Rank: Elder Joined: 1/8/2018 Posts: 2,211 Location: DC (Dustbowl County)
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It's posts like the latter two above that make a fantastic case for a "like" button  Asante #KenyanEconomyRedHawtt #WeAreOnARoll
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