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Stock impact report

Toshiba Receives Order for Power Generation Equipment for Renovation of Geothermal Power Plant in Kenya [Yahoo! Finance]

TOSHIBA CORP UNSP/ADR (TOSYY) 
NASDAQ:AMEX Investor Relations: toshiba.co.jp/about/ir/en/finance/index.htm
Company Research Source: Yahoo! Finance
KAWASAKI, Japan March 19, 2024 /PRNewswire/ -- Toshiba Energy Systems & Solutions Corporation (Toshiba ESS) announced today that it has received an order from SEPCOIII Electric Power Construction Co., Ltd. for steam turbines and generators for the geothermal power plant equipment renovation of Units 1 through 3 at the old 45MW Olkaria I geothermal power plant in Kenya . The steam turbines and generators will be shipped to the site by December 2025 Olkaria I geothermal power plant is the oldest geothermal power plant in Kenya and has been in commercial operation by the Kenya Electricity Generating Company PLC (hereinafter "KenGen") since 1981. Units 1 through 3 of the plant need renovation due to aging, and Toshiba ESS's steam turbines and generators have been selected for the renovation. This will increase the power output of Units 1 through 3 from the current 15 Megawatts(MW)to 21 MW each, enabling them to achieve a higher output with less steam. These points were highly evaluat Show less Read more
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