Ceylon Energy secures SEZ licence in Kenya

Ceylon Energy Founder/Chairman Madusanka Fernando receives SEZ Enterprise Licence from Republic of Kenya President Dr. Wlliam Ruto

Ceylon Energy, a company with a history of excellence in power transmission projects, has been issued a Special Economic Zone (SEZ) Enterprise Licence by Kenyan President Dr. William Ruto, to commence their operations at the Naivasha SEZ. 
The licence was handed over to Ceylon Energy Group CEO Madusanka Fernando by Dr. Ruto in Nairobi, Kenya, on January 13, 2024.

Upon receiving the licence, Fernando assured Dr. Ruto that Ceylon Energy would be investing heavily in the Naivasha SEZ. The company is scheduled to invest over (Kenyan shilling) KSh.1.1 billion on five acres of land in the initial phase, with 374 jobs expected to be created at the end of the entire project. The proposed investment is for the projects in galvanisation, helical anchors, smart meters, tower manufacturing and steel fabrication plants.

Fernando met with several other Kenyan government officials, including Energy and Petroleum Ministry Cabinet Secretary Davis ChirChir, Investment, Trade and Industry Ministry Cabinet Secretary Rebecca Miano, Energy and Petroleum Ministry Principal Secretary Alex Wachira, State Department for Investment Promotion Principal Secretary Abubakar Hassan, Special Economic Zone CEO Dr. Kenneth Chelule and Special Economic Zone Chairperson Fredrick Muteti.

They all expressed their willingness to work closely with Ceylon Energy to materialise the proposed projects. A company with a proud history of 50 years of excellence in power transmission projects, Ceylon Energy has built strategic alliances and partnerships across the globe over the past and they have enabled the company to lead the power and energy sector by introducing the latest global technology and innovation. Ceylon Energy has currently established itself in the African region and is expanding rapidly into many western and Asian parts of the world, with a mission to make energy accessible to all.