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Home › Dodgy Deals ›
Dodgy Deal
Lamu coal power plantKenya

Project – On record

This profile is no longer actively maintained, with the information now possibly out of date
Last update: 2020-11-30 00:00:00
Protest against Lamu coal power plant in November 2015. Photo: Maarufu Mohamed/Standard via Sourcewatch (BY-NC-SA 4.0 License)

Project – On record

This profile is no longer actively maintained, with the information now possibly out of date
Last update: 2020-11-30 00:00:00
Why this profile?

Why this profile?

The proposed Lamu coal power plant will negatively impact the local economy, the environment as well as local people's health. The construction of the plant will affect Lamu's delicate marine environment which will impact the most important industries of the town: fishing and tourism. The Lamu power plant will also be one of the worst emitters of greenhouse gases on the entire African continent, and exceed all of Kenya's existing emissions from fossil fuel plants. The operation of the plant will also bring about massive health problems throughout Kenya.

What must happen

The Lamu coal power plant threatens one of the world's greatest natural and cultural sites and is completely incompatible with the Paris Climate Agreement. The Paris Climate Agreement goals require a managed decline of fossil fuel production. The construction of new coal fired power plants is not compatible with such a managed decline. Banks must immediately stop financing new coal-fired power plant developments anywhere in the world. As such, banks and other financial institutions should steer clear of financing this project.

About
Sectors
Location
Status
Planning
Design
Agreement
Construction
Operation
Closure
Decommission
Website https://www.amupower.co.ke/

The proposed Lamu Coal Power Station is a 1,050MW coal power plant which would be located on Kenya's Indian Ocean coast, 20 kilometers from Lamu’s islands and historic Old Town, a UNESCO World Heritage site. The project sponsor is Amu Power Company. The project is expected to cost USD 2 billion and was initially planned to be operational in 2020.

Impacts

Impact on human rights and communities

Land rights and local livelihoods The Lamu coal power plant significantly threatens the lands and livelihoods of the Lamu communities.

Lamu is home to the oldest and best preserved Swahili settlement in East Africa, its old town is a UNESCO World Heritage site and has been an epicentre of Indian Ocean trade for centuries. The indigenous and traditional communities of Lamu have managed their lands, natural resources, and cultural traditions for generations - despite several losses due to insecure land tenure and political marginalisation.

According to deCOALanize, a campaign group committed to stopping the development of coal and coal-related industries in Kenya, states that the ability for Lamu residents to ‘’have a voice in dictating how its land and natural resources are exploited, and how its development proceed, will play a significant role in the continued existence of the Lamu community and its means of livelihood.’’

The Lamu coal power plant poses severe risks to Lamu’s delicate marine environment, which many fear will harm its two most vital industries: fishing and tourism.

Consultation The Save Lamu organisation has reported that a proper public consultation was not done for the Lamu coal power plant. Initial consultations were done before the project was fully developed. After these initial consultations, certain components of the project changed. The public was never consulted about these changes. Besides this lack of proper consultation, key groups of stakeholders – such as fishermen – were not consulted in detail.

In 2017, the Save Lamu Coalition wrote an open letter concerning their security, given intimidation and interference that their communities are facing in accessing and sharing information about major development projects in the Lamu community such as the Lamu coal power plant.

Public health Ernest Niemi, an economist and president of Natural Resource Economics, who has done studies on coal plants across the world for over 40 years, said operating the power coal plant to produce electricity will be cheap for the developers but expensive as an energy source to consumers and detrimental to the society in general. Testifying before the National Environmental Tribunal in Nairobi in June 2017, the US-based consultant said Kenya will incur a massive health burden coupled with deaths with the operation of the plant. Studies across the world, he said, show that the social cost of running coal-fired power plants exceeds the economic benefits (The Star).


Impact on climate

Climate change The carbon dioxide emissions of the Lamu coal power plant would equal the total emissions of Kenya’s entire energy sector. The plant would be one of the worst emitters of greenhouse gases on the entire African content. The plans for the coal power plant contradict the commitments made by the government of Kenya to fight the climate emergency. The plans are also completely incompatible with the Paris Climate Agreement. All fossil fuel expansion is incompatible with the goals of the Paris Agreement and significantly decreases our chances of staying below 1.5°C of global warming.


Impact on nature and environment

The Lamu coal power plant project raises great concerns about its impact on the environment regarding toxic pollution from coal and ash, carbon emissions by the coal power plant and rising sea levels due to climate change. Many of the concerns have not been properly analysed in the environmental impact assessment that was accepted in 2016 (see here and here).

In 2019, the court ruled that Amu Power Company would have to carry out a fresh environmental impact assessment if it would want to proceed with the project. In June 2020, it was confirmed that a new impact assessment is still not done.

Ecosystem preservation The informal communal management of land in Lamu is critical to maintaining its remarkably pristine and historically and naturally rich ecosystem, including significant forest cover, biodiversity, coral, threatened species like sea turtles, and 70% of the country’s mangroves - a notable asset for the country and region, and a carbon sink for the world.


Other impacts

The Lamu coal power plant is closely associated with the LAPSSET corridor project. The LAPSSET (Lamu Port-South Sudan-Ethiopia-Transport) project includes an oil and gas pipeline from northern Kenya to the coast, a 32-berth USD 5 billion port at Lamu, and significant additional infrastructure, including highways, railways, and a resort city.

Community groups argue that there has been little consideration of the LAPSSET project’s high potential to irrevocably harm the ecosystem, its biodiversity, and the human communities that depend on it for their lives. In 2012, Lamu communities filed a petition against state and investors over concerns on LAPSSET. In 2018, the court ruled in favour of the communities citing an unprocedural EIA and inadequate mitigation measures. However, since then, the government has not met any of the court’s requirements for consultation, compensation, and refinement of mitigation measures. Instead, they have appealed the decision made by the court.

Financiers

The project is valued at USD 2 billion and will be financed through debt of USD 1.5 billion and shareholder equity of USD 500 million (Business Daily). According to Global Energy Monitor, ICBC provided the USD 1.5 billion in debt. The shareholder equity is provided by Gulf Energy and Centum Investment Group.

Institution type
Finance type
Year

Standard Bank is listed as co-financier of the project, as based on several statements in the press (here and here and here) and in Standard Bank's annual report 2015 (page 47). However, in a meeting with South African civil society groups at their Johannesburg offices on 11th September 2017, Standard Bank denied that it is involved in the project. In October 2017, Standard Bank confirmed that it will not finance the proposed coal-power plant in Lamu.

In August 2017, it was reported that the African Development Bank (AfDB) was considering to finance the construction of the Lamu power plant. However, in November 2019, Reuters reported that AfDB would not finance the plant and that it has no plans to finance new coal plants in the future.

In November 2020, Save Lamu learned that the Industrial and Commercial Bank of China (ICBC) decided not to finance the Lamu coal plant due to cited environmental and social risks with the project.

Companies

The project sponsor is Amu Power Company, a special purpose vehicle consisting of a consortium of companies: Gulf Energy (co-sponsor), Centum Investment Group (co-sponsor), China Huadian, Sichuan No 3 Power Construction Company and Sichuan Electric Power Design and Consulting Company. Amu Power Company contracted the Power Construction Corporation to develop the coal power plant.

Project sponsor

Amu Power Company

Kenya
Website
No companies

Other companies

Centum Investment Company

Kenya
Website

China Huadian Group

China
Website

Gulf Energy

Kenya
Website

Power Construction Corporation of China

China
Website

SEPCO III

China
Website

Sichuan Electric Power Design & Consulting Company

China
Website
No companies
News
BankTrack
Partners
Blog
External
BankTrack news BankTrack blog Partner news Partner blog

Kenyan coal project shows why Chinese investors need to take environmental risks seriously

2021-03-09 | China Dialogue
Blog
BankTrack news BankTrack blog Partner news Partner blog

Industrial and Commercial Bank of China withdraws financing from the Lamu Coal Plant

2020-11-16 | Save Lamu
BankTrack news BankTrack blog Partner news Partner blog

General Electric abandons Lamu coal power plant deal in policy shift

2020-09-25 | Business Daily
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Solar power is making huge inroads across Africa, but coal is creating headaches

2020-06-21 | Renew Economy
BankTrack news BankTrack blog Partner news Partner blog

China’s role in Lamu coal plant

2020-05-31 | Medium
BankTrack news BankTrack blog Partner news Partner blog

How a Non-Proliferation Treaty Could Save Lamu’s World Heritage Site from the Destruction of Fossil Fuels

2020-04-19 | DeSmog
BankTrack news BankTrack blog Partner news Partner blog

African Development Bank decides not to fund Kenya coal project

2019-11-13 | Reuters
BankTrack news BankTrack blog Partner news Partner blog

Kenya: Lamu Coal Investors Appeal Ruling That Revoked License

2019-09-09 | IEEFA
BankTrack news BankTrack blog Partner news Partner blog

Kenya's first coal plant construction paused in climate victory

2019-07-11 | The Guardian
BankTrack news BankTrack blog Partner news Partner blog

UNESCO wants Kenya to review plans to build its first coal plant on a world heritage site

2019-07-10 | Quartz
BankTrack news BankTrack blog Partner news Partner blog

US envoy criticised for supporting coal-fired power project

2019-07-09 | Standard Digital
BankTrack news BankTrack blog Partner news Partner blog

UNESCO draft decision calls for the halting of the proposed Lamu coal power plant

2019-07-02 | Natural Justice
BankTrack news BankTrack blog Partner news Partner blog

Lamu Coal plant: China ready to leave

2019-06-29 | The Star
BankTrack news BankTrack blog Partner news Partner blog

Kenyan court blocks China-backed power plant on environment grounds

2019-06-27 | Financial Times
BankTrack news BankTrack blog Partner news Partner blog

Kenya halts Lamu coal power project at World Heritage Site

2019-06-26 | BBC
BankTrack news BankTrack blog Partner news Partner blog

The Lamu Coal Plant project in Kenya has been stopped by a court decision

2019-06-26 | 350.org
BankTrack news BankTrack blog Partner news Partner blog

Coal Kills: Activists in Kenya Shout it Out Loud

2019-06-21 | Greenpeace
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Groups seek cancellation of Kenyan coal project after govt announces delay

2019-06-14 | Environmental News Nigeria
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China’s promise of responsible belt and road investments is in the hands of its bankers

All along the belt and road, from Myanmar to Peru, ignoring community feedback is costing Chinese investors dearly. China’s banks and financial institutions need to quickly adopt an accountability framework for Chinese investments abroad
2019-06-13 | South China Morning Post
BankTrack news BankTrack blog Partner news Partner blog

Lamu coal project put on back burner

2019-06-12 | Standard Media
BankTrack news BankTrack blog Partner news Partner blog

IEEFA report: The Lamu Coal Plant will hinder, not spur, economic growth in Kenya

2019-06-10 | IEEFA
BankTrack news BankTrack blog Partner news Partner blog

Row over Chinese coal plant near Kenya World Heritage site of Lamu

2019-06-05 | BBC news
BankTrack news BankTrack blog Partner news Partner blog

Climate activists criticise Kenya's coal mining plans

2019-03-14 | Daily Nation
BankTrack news BankTrack blog Partner news Partner blog

Policy poses fresh headache for sh200b lamu coal plant

2019-01-08 | Standard Media
BankTrack news BankTrack blog Partner news Partner blog

Lobbies vow to renew battle against Sh200bn Lamu coal project

2018-12-30 | Daily Nation
BankTrack news BankTrack blog Partner news Partner blog

Human rights report links police, military to abuses in Lamu

2018-12-17 | Daily Nation
BankTrack news BankTrack blog Partner news Partner blog

Lamu coal plant hits snag as court reinstates stop orders

2018-10-03 | www.businessdailyafrica.com
BankTrack news BankTrack blog Partner news Partner blog

Investors call on General Electric to pull out of new coal plant proposed in Kenya

2018-07-18 | As You Sow
BankTrack news BankTrack blog Partner news Partner blog

Police arrest two in Lamu coal plant protest

2018-05-25 | Daily Nation
Blog
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Investing in a Green Belt and Road? Assessing the Implementation of China’s Green Credit Guidelines Abroad

The Chinese government has become an unexpected leader in pushing for new green credit policies, but are Chinese banks doing their part to keep the belt and road initiative green?
2017-12-13 | Friends of the Earth US
BankTrack news BankTrack blog Partner news Partner blog

Standard Bank Sets The Record Straight on Financing Lamu

2017-10-16 | 350 Africa
BankTrack news BankTrack blog Partner news Partner blog

Kenya’s most polluting coal plant could poison coastline

2017-09-20 | Climate Change News
BankTrack news BankTrack blog Partner news Partner blog

The environmental impact of a coal plant on Kenya’s coast is being underplayed

2017-09-19 | The Conversation
BankTrack news BankTrack blog Partner news Partner blog

AfDB seeks to fund construction of China-backed coal power plant in Kenya

2017-08-28 | Xinhuanet
BankTrack news BankTrack blog Partner news Partner blog

Lamu coal power plant would be a deadly mistake for Kenya

2017-08-14 | African Independent
BankTrack news BankTrack blog Partner news Partner blog

Dear Mr President, the bell has tolled for coal project

2017-06-02 | Daily Nation
BankTrack news BankTrack blog Partner news Partner blog

Why the Lamu coal plant doesn’t make sense. Kenya has better energy options

2017-05-31 | The Conversation
BankTrack news BankTrack blog Partner news Partner blog

Kenya Should Not Sign China And South Africa Coal Deal

2017-05-27 | Huffington Post
BankTrack news BankTrack blog Partner news Partner blog

KNCHR raises red flag on impact of Lamu mega projects

2017-05-18 | Business Daily
BankTrack news BankTrack blog Partner news Partner blog

Amu Power signs Sh206bn deal with China Power Global

2017-05-16 | CapitalNews
BankTrack news BankTrack blog Partner news Partner blog

As the World Cuts Back on Coal, a Growing Appetite in Africa

2017-05-10 | National Geographic
BankTrack news BankTrack blog Partner news Partner blog

The pursuit of coal in Kenya

Background on the proposed Lamu coal plant, LAPSSET port & pipeline project currently under construction, and plans for mining in Kitui
2017-05-04 | Medium
Blog
BankTrack news BankTrack blog Partner news Partner blog

Standard Bank has confirmed that it will not fund the proposed Lamu coal-fired power plant

2017 | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Greenpeace Africa welcomes Kenya’s stance on Lamu Coal Power Plant

2016-11-18 | Greenpeace Africa
BankTrack news BankTrack blog Partner news Partner blog

Kirubi-backed firm gets Nema nod to build Lamu coal power plant

2016-09-10 | Money and markets
BankTrack news BankTrack blog Partner news Partner blog

Lamu coal plant fuels fierce clash of interests

2016-09-05 | Standard Media
BankTrack news BankTrack blog Partner news Partner blog

Lamu County puts coal-fired power plant on hold

2016-08-10 | Nation
BankTrack news BankTrack blog Partner news Partner blog

Standard Bank to finance Centum’s Sh200bn coal plant

2016-07-17 | Businessdaily Africa
BankTrack news BankTrack blog Partner news Partner blog

Firm seeks Nema nod to set up Sh200bn coal-fired plant

2016-07-08 | Nation
BankTrack news BankTrack blog Partner news Partner blog

NLC grants Amu power land rights over coal project land in Lamu

2016-05-26 | Baraka FM
BankTrack news BankTrack blog Partner news Partner blog

Swazuri approves setting up of Sh180bn plant

2016-05-25 | The Star
BankTrack news BankTrack blog Partner news Partner blog

Locals oppose plans to build first coal-fired power plant in Kenya

2016-03-03 | The Guardian
BankTrack news BankTrack blog Partner news Partner blog

In Kenya, Proposed Coal-Fired Power Plant Threatens Communities

2015-08-28 | Sierra Club
BankTrack news BankTrack blog Partner news Partner blog

ICBC arranges financing for the largest power plant project in Eastern Africa

2015-07-03 | ICBC press release
BankTrack news BankTrack blog Partner news Partner blog

Chinese firm signs Sh96bn contract for Lamu coal-fired electricity plant

2015-06-08 | Businessdaily Africa
Resources
Documents
Videos
Links
2020-06-05 00:00:00

Save Lamu Press Release on the World Heritage Watch Report

NGO document
2020-06-05 00:00:00 | Save Lamu
2020-06-05 00:00:00

World Heritage Watch Report 2020

NGO document
2020-06-05 00:00:00 | World Heritage Watch
2019-05-08 00:00:00

Letter from Save Lamu to ICBC on Lamu Coal Power Plant

Correspondence
2019-05-08 00:00:00 | Save Lamu
2019-06-01 00:00:00

The Proposed Lamu Coal Plant

The Wrong Choice for Kenya
NGO document
2019-06-01 00:00:00 | Institute for Energy Economics and Financial Analysis
2018-04-10 00:00:00

The Impacts on the Community of the Proposed Coal Plant in Lamu

Who, If Anyone, Benefits from Burning Fossil Fuels?
NGO document
2018-04-10 00:00:00 | DeCOALonize
2019-04-08 00:00:00

The Lamu County Biocultural Community Protocol

The Lamu indigenous community and their rights to the preservation of their natural resources, cultures, heritage and management of biodiversity
NGO document
2019-04-08 00:00:00 | Save Lamu
2018-12-16 00:00:00

They Just Want to Silence Us

Abuses Against Environmental Activists at Kenya's Coast Region
NGO document
2018-12-16 00:00:00 | Human Rights Watch
2018-06-26 00:00:00

Projected health impacts of Lamu plant (Greenpeace presentation)

NGO document
2018-06-26 00:00:00 | Lauri Myllyvirta, Energy Campaigner at Greenpeace
2017-07-04 00:00:00

Summary of petition for Environmental & Land court of Kenya at Malindi

Other document
2017-07-04 00:00:00 | Okiya Omtatah Okoiti
2017-06-08 00:00:00

Letter from KEJUDE to The National Treasury, Ministry of Energy & Petroleum, State Law office of Kenya on Full disclosure of governmental exposure

Correspondence
2017-06-08 00:00:00 | KEJUDE
2017-09-11 00:00:00

Why the coal power plant should not be allowed in Lamu

Summary of objection points by Dr. John Musingi PhD
Other document
2017-09-11 00:00:00 | Dr. John Musingi PhD - University of Nairobi
2017-05-20 00:00:00

Amu coal plant Principal Marine Issues

Other document
2017-05-20 00:00:00 | Dr. David Obura - Cordio East Africa
2017-05-12 00:00:00

Save Lamu facing intimidation and interference

NGO document
2017-05-12 00:00:00 | Medium.com
2016-07-10 00:00:00

ESIA Study for Lamu coal fired power plant, executive summary

Company document
2016-07-10 00:00:00 | Kurrent Technologies Ltd.

DeCOALonize Campaign welcomes court decision to block East Africa's first coal plant

2019-07-16 13:58:24

FOSSIL FOOLS: Myths of the Lamu Coal Plant #deCOALonize

2017-09-14 11:36:55

A storm kicks off on Lamu coal-fired power plant to be constructed in Lamu County (Dec 2015)

2017-09-14 11:23:44

UNESCO: Protect Lamu Island, not coal!

2017-07-28 10:03:29

Save Lamu

Organisation devoted to preserving the environmental, social and cultural integrity of the Lamu community

Accountability Counsel's webpage: Lamu Port and Power Plant

Global Energy Monitory profile of the Lamu coal power plant

deCOALonize website

The deCOALonize campaign is a movement committed to stopping the development of coal and coal-related industries for a clean and sustainable energy future in Kenya and the region.

Updates

2020

2020-11-16 00:00:00 | Industrial and Commercial Bank of China withdraws financing from the Lamu Coal Plant

Read more here.

2020-06-05 00:00:00 | World Heritage Watch's report addresses Lamu communities' concerns

On June 5 2020, the World Heritage Watch published its 2020 report. In the report, Lamu communities document the inability of court injunctions to protect their World Heritage site.

The World Heritage Report documents how Lamu communities have filed petitions in court in 2013 and 2015 against state and investors over concerns on LAPSSET and the Lamu coal power plant respectively. In both cases, the communities got favorable judgments. Despite these favorable court decisions, investors have appealed the decisions in both cases, with damning repercussions especially in the former case where 4,600 fishermen in Lamu County affected by the LAPSSET project are yet to receive their compensation as ordered by the court in 2018.

The World Heritage report also reveals that the Kenyan government has not met the requests made by the UNESCO World Heritage Committee in July 2019 for it to: (1) revise its Strategic Environmental Assessment report of the LAPSSET project, (2) carry out a fresh Environmental Impact Assessment for the Lamu coal power plant, and to (3) do a Heritage Impact Assessment and Environmental Impact Assessment for the Lamu coal project that considers the impacts on the Outstanding Universal Value (OUV) of Lamu Old Town.

2019

2019-07-10 00:00:00 | UNESCO wants Kenya to review its plans to build Lamu coal power plant

UNESCO has called upon the Kenyan government to reassess the impact that the coal-fired power plant would have on the heritage and natural environment of Lamu. The Kenyan officials have until February 2020 to submit a report, with the committee considering the possibility of putting Lamu on the List of World Heritage in Danger.

The decision from UNESCO shortly follows the decision from Kenya's National Environmental Tribunal to halt the plans to build the coal plant, and also comes just days after environmental activists said that Kenyan officials were attempting to weaken Lamu's status as a heritage site: proposed amendments to a draft document on UNESCO's site included the removal of considerations of the impact of the coal power plant on Lamu.

2019-06-27 00:00:00 | Kenyan court cancels permit for the Lamu coal power plant

The National Environment Tribunal (NET) of Kenya has cancelled the licence previously granted to Amu Power, the developer of the controversial Lamu Coal Plant, citing the lack of effective public participation and social and environmental risks among other reasons (350.org).

2017

2017-07-04 00:00:00 | Petition filed at the Environment & Land Court of Kenya

The petition essentially asks for the court to determine whether or not the Energy Regulatory Commission has granted an Electricity Generation Licence to Amu Power Company Limited to build the proposed 1,050 MW coal fired electric generating unit and to to make full disclosure of the secretive Power Purchase Agreement (PPA) into which it entered.

2017-02-27 00:00:00 | Coal-fired plant gets greenlight from ERC

The Energy Regulatory Commission (ERC) has approved the construction of Kenya’s first coal-fired power plant in Lamu after rejecting objections to the project by a community-based organisation (source DailyNation).

2016

2016-08-10 00:00:00 | Lamu County puts coal-fired power plant on hold

The Lamu County Assembly has rejected an environmental and social impact assessment report by investors on a proposed Sh200 billion coal-fired power plant. The assembly wants the project owners to come up with a resettlement plan for residents who will lose their land to the project.

2016-07-17 00:00:00 | Standard Bank to finance Centum’s USD two billion coal plant

South Africa’s Standard Bank has signed a deal to finance a USD two billion (KES 200 billion) Centum Investment-backed coal plant in Lamu. The Johannesburg-based lender says it has teamed up with Industrial & Commercial Bank of China Ltd (ICBC) to fund the project which is backed by a consortium of local firms under the investment vehicle Amu Power Company (source Business Daily Africa).

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