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The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
A geothermal power plant being developed by TransCentury at Menengai is expected to start feeding the national electricity grid by end of next year. The firm said the 35-megawatt (MW) power plant is part of its planned investments in high value infrastructure projects over the next three years.
Chief Executive Officer Gachao Kiuna said the firm would finance the new investments through the company’s internally generated funds, including proceeds from the sale of its stake in Rift Valley Railways (RVR).
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