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Eng. Ole Nchoe accompanies President Kenyatta to a key business forum in Brussels

Managing Director and CEO Eng. Johnson P. Ole Nchoe is among the high powered Kenyan delegation in Belgium attending key business talks expected to lay out Kenya’s perspectives on future partnerships and development cooperation.
Kenyatta, is scheduled to hold a series of bilateral meetings with senior officials of the European Union including the President of the EU Jean Claude Juncker and the President of the European Council Donal Tusk. The delegation is also scheduled to meet with the executives of the European Investment Bank (EIB) and to hold meetings with several other corporate leaders. The European Union is Kenya’s second largest development and trading partner and a significant source of Foreign Direct Investment (FDI) and tourist arrivals.




Eng. Ole Nchoe accompanies President Kenyatta to a key business forum in Brussels

Managing Director and CEO Eng. Johnson P. Ole Nchoe is among the high powered Kenyan delegation in Belgium attending key business talks expected to lay out Kenya’s perspectives on future partnerships and development cooperation.
Kenyatta, is scheduled to hold a series of bilateral meetings with senior officials of the European Union including the President of the EU Jean Claude Juncker and the President of the European Council Donal Tusk. The delegation is also scheduled to meet with the executives of the European Investment Bank (EIB) and to hold meetings with several other corporate leaders. The European Union is Kenya’s second largest development and trading partner and a significant source of Foreign Direct Investment (FDI) and tourist arrivals.

Land deal paves way for commencement of the KfW 80 Million Euro Baringo-Silali Project

Nairobi, April 28, 2016 –GDC has signed a land agreement pact with affected communities in the Baringo area thus paving way for the commencement of Phase one of the Baringo-Silali project.
A meeting this morning between GDC’s Managing Director and CEO, Eng. Johnson P. Ole Nchoe, and the KfW Country Director, Dr. Klaus Liebig has reaffirmed that the Baringo-Silali project will commence soon.
“I am happy to report that GDC has signed a land agreement with affected communities thus paving way for completion of a legal opinion to KfW, and the subsequent disbursement of funds for the project,” said Eng. Johnson P. Ole Nchoe.
Speaking during the meeting, the KfW Country Director, Dr. Klaus Liebig noted that “due to the importance of the Baringo-Silali project, KfW deliberately decided to finance exploration drilling which is one of the riskiest phases of geothermal development which, when successful unlocks further financing.” He added that “we are ready to start the project and we are happy to partner with GDC in this very important project for Kenya, for GDC and for KfW.”
“The Baringo-Silali Project is top on my priority list; having reached an agreement with land owners, we are moving closer to breaking ground,” noted Eng. Ole Nchoe. GDC has already signed a water supply system contract and a drilling services contract. The drilling services contractor, is getting ready for the contract execution. Under the contract, the contractor will drill of 15-20 wells in the Baringo-Silali Block. KfW, a German government-owned development bank, is financing GDC’s Baringo- Silali geothermal project at a cost of Euros 80 Million or approximately Kshs 8 billion.



GDC trains 113 staff with the JICA USD 20.5 M capacity building grant Baringo-Silali Project

Nairobi, April 28, 2016 – The Japan International Cooperation Agency (JICA) has trained 113 young engineers, scientists and planners in the first phase of the 20.5 MUSD geothermal capacity building grant extended to GDC in 2013. The first phase has been running for the last 2 and half years.
“We at GDC are proud of JICA’s partnership in boosting the geothermal expertise of our young scientists and engineers” said Eng. Johnson P. Ole Nchoe, the GDC Managing Director & CEO while hosting a delegation of JICA representatives who had paid him a courtesy call at the Kawi Complex in South C.
JICA is helping bridge the geothermal expertise gap in the country. The JICA support runs for four years. The training program is a big shot in the arm for GDC; it has boosted the number of trained geothermal experts in drilling, exploration, steam field management, geothermal modeling and geothermal planning. Currently, Kenya has less than 20 active geothermal experts, which speaks to the huge need to build bigger capacity.
During a medium term review mission today, the JICA Deputy Director General & Group Director for Energy, Mr. Hiroyuki Kobayashi revealed that under that Phase I of the capacity building program JICA has already disbursed Kshs 38 Million (40.1 Million Yen). “We are very happy at the huge increase in knowledge and competence in the staff who have undergone this training” said Hiroyuki Kobayashi. He noted that Phase two of the project will focus on sustainability through the training of trainers to ensure GDC’s staff can train their colleagues. Phase two of the training and capacity building program will continue for the next two years. The project started in 2013.
The JICA grant has enabled GDC to train staff within the country as opposed to sending them for extended training abroad which has in the past cost the company a substantial amount of money. Under this JICA capacity building program, GDC staff are trained on- the-job and only travel to Japan for short periods. This has helped GDC reduce the cost of training one staff by up to 80% considering that geothermal training abroad costs up to Kshs 10 million for a period of 6-months per person.
The purpose of the JICA project is to enhance human resources of GDC which contribute to technical risk mitigation in geothermal development. The first phase has offered training various aspects of the geothermal development value chain from exploration, to drilling, financial modelling and investment decision making.



Engineer Johnson Ole Nchoe named new GDC MD Baringo-Silali Project

NNairobi, April 14, 2016 – Following a recommendation by the Geothermal Development Company (GDC) Board of Directors, and approval by the Cabinet Secretary, Ministry of Energy and Petroleum, the Board has appointed Eng. Johnson P. Ole Nchoe as Managing Director and CEO of the Geothermal Development Company, effective immediately.
Eng. Ole Nchoe served as a Chief Manager, IT & Telecommunications at the Kenya Power Company until 2013. His recent assignment was a two-year tour of duty at the Liberia Electricity Corporation (LEC) where he served as a Director, and made a great contribution in helping the company establish robust systems. He was among a team of consultants in a donor-funded programme geared towards re-building the Electricity network in Liberia.
Eng. Ole Nchoe is a registered engineer and has 30 years of leadership and management experience. He holds a Master in Business Administration (MBA) and a BSc (Eng, Elect) both from the University of Nairobi. The Board warmly welcomes Eng. Johnson ole Nchoe as he joins the GDC 5000MW Team.
Background GDC is a special purpose vehicle established in 2009 to accelerate the development of geothermal resources in Kenya. Currently GDC is working in the Menengai Geothermal Project, Baringo-Silali and Suswa. Earlier on GDC drilled geothermal wells in Olkaria which are currently supplying 320MW of steam to the two new power plants and to several well head units at Olkaria; GDC is earning revenue from the steam sales.
In Menengai three Independent Power Producers (IPPs) - Quantam Power East Africa, Orpower 22 (a consortium of Ormat, Civicon and Symbion) and Sosian Energy have been contracted to construct power plants which will convert GDC’s steam into electricity.
At the Baringo-Silali Block infrastructural work is ongoing and financing of 80 Million Euros availed for the initial phase of the project. In the Suswa project environmental impact assessment had been finalized.



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