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Ormat to Boost Capacity at Kenya Power Plant, Standard Reports

April 7 (Bloomberg) -- Ormat Techologies Inc. plans to increase output at its Olkaria III geothermal-power facility in Kenya to 84 megawatts from 48 megawatts, the Standard reported, citing Chief Executive Officer Dita Bronicki.

A new plant is being built next to the company’s existing facility at Olkaria, 120 kilometers (75 miles) northwest of the capital, Nairobi, the newspaper said.

Orpower 4 Inc., a subsidiary of Ormat, yesterday signed a power-purchase agreement with Kenya Power & Lighting Co. that includes an option to increase combined output to 100 megawatts in future, the newspaper said.

To contact the editor responsible for this story: Paul Richardson at pmrichardson@bloomberg.net

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