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{
    "id": 444706,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/444706/?format=api",
    "text_counter": 20,
    "type": "speech",
    "speaker_name": "Hon. Musau",
    "speaker_title": "",
    "speaker": {
        "id": 2440,
        "legal_name": "Vincent Musyoka Musau",
        "slug": "vincent-musyoka-musau"
    },
    "content": "Yes, I will summarize. I have a response signed by the Principal Secretary. It will just take about two minutes because it is summarized. It reads as follows:- I refer to the letter of April 17th, 2014 on the above subject in which hon. Jacob Macharia, Member of Parliament for Molo Constituency, requested for a Ministerial Statement on the amount of money or resources which has been invested by the Government in Geothermal Development Company. I hereby attach a copy of the response letter from the Managing Director, GDC. The summary of the response is as follows:- (i) On the amount of money that the Government has invested in the company, GDC is 100 per cent fully owned by the Government and receives funding from the Exchequer based on approved annual budgetary allocations, grants and loans procured by the Government of Kenya. For the last five years, GDC has received a total of Kshs23.2billion in form of loans and grants secured by the Government and Kshs28.6billion from the Exchequer based on annual approved budgets. (ii) On how many megawatts the company produces to the national grid, GDC has 59 wells in Olkaria, whose potential is estimated at 409 megawatts. So far, they are not generating any power for connection to the national grid. (iii) On the staff establishment in the company, the Company has a staff establishment of 1,057, out of which 782 are posted at various levels. The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}