The launching of the historical Olkaria IV Power Plant by President Uhuru Kenyatta will make it easier and cheaper for investors in the country.
Addressing the public soon after the commissioning, the president assured investors that the cheap power will make it easy to direct cash that they had been using to pay power bills to opening more businesses.
“The availability of cheaper power, of which we are targeting to give the public at US 2 cents per unit in the fuel cost, will see many youths open small scale businesses. As a government, we feel that investing in power, even the welder on the streets can be able to improve on his businesses and create more job opportunities,” he added.
The president hailed the project saying that every stage of the project was designed to make history. He cited that the country had already started feeling the effect of the generation of geothermal, saying that it had not experienced the normal shortages and power blackouts that it was used to.
“We have made it possible for Kenyans to get clean and green power generated locally. This is a great gift to Kenyans,” he added.
He appealed to the manufacturers to reduce the cost of their goods, saying that the availability of cheap power will enable them to produce them at a cheap rate.
“I already have confirmation that a bag of cement will immediately drop from Sh750 to Sh600. We hope that this can reduce the essential commodities too,” he added.
Deputy President William Ruto added that the provision of the cheap power was not a campaign tool used to win elections.
“We made this pledge to Kenyans and we intend to fulfil it. It was not a tool to win elections but a move to ensure that Kenyans got the life they deserved,” he added.