27/06/2018
Matunwa Hydropower Limited is developing a 1.7 MW hydropower plant at Nyakwana-Matunwa villages in Kisii Country. The project has been approved by the ministry of energy and incorporates and innovative community ownership model. In this project financial returns will also accrue to members of the Matunwa and Nyakwana villages in Kisii-County Kenya, mainly due to a shareholding structure where communities actually receive a fixed small share of the project’s profits. This additional financial benefit is expected to translate into significant economic and developmental impacts in the project area, particularly in terms of socio-economic empowerment and job creation.
