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Projet MSC MUMIAS SUGAR
MSC is Kenya’s leading sugar manufacturer. It is diversifying its incomes with electricity produced using the sugar cane residue bagasse. The company is planning to build a second cogeneration power plant.
Client presentation
Mumias Sugar Company (MSC) is Kenya’s leading sugar producer. MSC is a sugar-producing entity based on a planters’ association which owns virtually all the sugar cane fields. MSC installed its first bagasse cogeneration plant in 2000, with the aim of covering the company’s energy needs. MSC today operated a 15 MW power plant which makes it virtually energy independent.
Project description
Proparco’s financing will allow Mumias Sugar Company (MSC) to build a new cogeneration plant. Since May 2005, MSC has been selling a generation surplus of 2 MW to the national electricity distributor, Kenya Power Limited Company (KPLC). The new infrastructure will allow MSC to increase its power generation capacity and increase sales to KPLC. MSC will consequently have a generation capacity of 35 MW, including 10 MW which will ensure the company’s energy independence, and the other 25 MW will be sold to KPLC.
Project impact
This project will contribute to diversifying the company’s incomes and to developing surplus bagasse, which is currently unused. It will increase the power generation capacity in Kenya and contribute to reducing greenhouse gas emissions. It will generate carbon savings, which will be registered at the Clean Development Mechanism of the United Nations Framework Convention on Climate Change (UNFCCC).
04/04/2008
Date of signature of the project
Financing tool
26 125 252 Euros
Amount of funding
Loan of USD 35 M
Financing details
MUMIAS SUGAR COMPANY
Client