Nairobi, April 28 -- The Treasury is racing to update a feasibility study on a planned 90 megawatt (MW) hydropower plant in Karura within the Tana River cascade, and pave the way for private investment into the project.

The Public Private Partnership (PPP) Unit of the National Treasury is currently recruiting an expert to, among other things, review a feasibility study on the project, assess the resultant tariff, and design an appropriate model for implementing the project under a PPP model.

"The Karura hydropower project is a strategic energy initiative situated within the Tana River cascade, specifically located between the Kindaruma and Kiambere hydroelectric power stations," the Treasury said.

"The main features of this project inc...