Power plays and politics: The toxic mix fuelling Kenya Power woes

Power plays and politics: The toxic mix fuelling Kenya Power woes

Kenya Power workers fix a transformer at Ndimaini Village in Karatina, Nyeri. December 28, 2020. Kenya Power has in the recent past found itself in the spotlight for the wrong reasons, again. The State-owned power distributor’s board of directors has had run-ins with the Ethics and Anti Corruption Commission (EACC) and the National Assembly’s Energy […]

Electricity capacity increases, demand subdued – Survey

Electricity capacity increases, demand subdued – Survey

•However, effective electricity generation capacity dropped by 1.1 per cent to 2,705.3 MW. •Sales to large and medium commercial category declined by 3.6 per cent to 4,281.0 GWh in the review period. Technicians working on a power line/FILE The country’s installed electricity capacity increased slightly in 2020, the Economic Survey show, with a shift on […]

Kenya Power has paid Sh90bn to private electricity producer since 2010

Kenya Power has paid Sh90bn to private electricity producer since 2010

Rabai Power is expected to supply electricity to the Kenya Power for 20 years ending in 2030 then give its thermal plant back to the country’s electricity distributor/FILE/Rabai Power NAIROBI, Kenya, Sep 15 – The government has paid Sh90 billion to electricity generator Rabai Power since signing a Power Purchase Agreement (PPA) with Kenya Power, […]

KenGen to sell 4.6m tonnes of carbon credits under the CDM

KenGen to sell 4.6m tonnes of carbon credits under the CDM

Olkaria II geothermal power plant (source: UNU) Kenya Electricity Generating Company PLC (KenGen) has been cleared to sell an equivalent of 4.6 million tonnes of carbon emissions earned over the last 18 months. This follows the finalization of the verification of the issuance of a cumulative 4,617,309 tonnes of Carbon Emissions (CO2e) to six KenGen […]

KenGen resumes operations at Naivasha geothermal spa

KenGen resumes operations at Naivasha geothermal spa

Kenya Electricity Generating Company PLC (KenGen) has resumed operations of its Olkaria geothermal Spa which had been closed due to the coronavirus pandemic NAIROBI, Kenya, Aug 13 -Kenya Electricity Generating Company PLC (KenGen) has resumed operations of its Olkaria geothermal Spa which had been closed due to the coronavirus pandemic. A statement by KenGen says […]

MPs Begin Process of Lowering Electricity Prices for Kenyans

MPs Begin Process of Lowering Electricity Prices for Kenyans

Kenya Power Building in Nairobi CBD. Members of the National Assembly have began the process of compelling Kenya Power to lower electricity costs for Kenyans. Speaking to the press on Tuesday, September 7, Parliamentary Energy Committee Chair, David Gikaria, argued that the spike in power costs was caused by expensive deals power manufacturers had signed […]

Only 12 listed firms on Kenya's NSE have investor relations officers

Only 12 listed firms on Kenya’s NSE have investor relations officers

Kenya’s listed firms are yet to embrace the roles of investor relations professionals in the running of their businesses, with latest data showing that only 12 firms out of the 66 listed operate the department. These are Equity Bank, Stanbic Bank, Co-operative Bank, Safaricom, Centum, KCB, Kenya Airways, Kenya Electricity Generating Company (Kengen), Britam Holdings […]