|Bid||0.000 x 40000|
|Ask||0.000 x 40000|
|Day's Range||82.019 - 83.231|
|52 Week Range||53.000 - 84.524|
|PE Ratio (TTM)||16.45|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
A power line linking a 310 megawatt (MW) wind power plant to Kenya's national grid, delayed by landowners' compensation demands among other issues, is expected to be ready in the next three months, the energy minister said on Thursday. Kenya relies heavily on geothermal and hydro power for its electricity, providing the bulk of the country's total 2,341 MW output. Wind power provides about 25 MW.
The biggest wind farm in sub-Saharan Africa is ready for launch but will remain idle until next year as Kenya's government has not yet installed the transmission lines needed to get the clean power to customers, the provider of the turbines said. Danish wind turbine maker Vestas Wind Systems installed 365 turbines at Lake Turkana in the hot desert north of the east African country in March, completing construction in less than a year and two months ahead of schedule.
European shares extended their fall on Tuesday, with healthcare stocks particularly weak, as a diplomatic spat in the Middle East dented appetite for risky assets across the board. The greatest downward pull came from healthcare stocks. Swiss drugmaker Roche fell 4.5 percent after investors were disappointed by findings in its Aphinity study for a key breast cancer treatment.