Power Bills for Kenyans to begin falling this December 2021
Power Bills for Kenyans will begin to fall beginning this month. This follows a directive to the power utility firm by President Uhuru Kenyatta during his speech at the 57th [...]
KenGen's Unit 6 Geothermal Plant to be Added to the Grid in 2022
KenGen's construction of the 83 megawatts (MW) Olkaria 1 Unit 6 geothermal plant is nearly complete and is expected to be added to the grid in early 2022. Chief Executive [...]
KenGen Penalties to Kenya Power Hit KSh4 Billion
Kenya Electricity Generating Company (KenGen's) penalties to Kenya Power over delayed payments for electricity supplied have hit KSh3.78 billion in the past five financial years. Kenya Power has in the last [...]Kenya's New KSh40 Billion Kipevu Oil Terminal Nears Completion
Construction of Kenya's new KSh40 billion Kipevu Oil Terminal(KOT) is 96% done, with the facility expected to ready for operations by end of next month. China Communications Construction Company (CCCC), [...]KPC Decommissions Kenya's Oldest Pipeline
Kenya Pipeline Company (KPC) is decommissioning Kenya's oldest pipeline, which has not been in use since December last year, after 43 years of service. KPC is currently removing petroleum products [...]Electricity Demand in Kenya Hits New Record High
The demand for electricity in Kenya hit a new record high last week rising to a peak of 2,036MW, the highest ever recorded in history. Officials from the National energy generator, Kenya [...]KenGen Begins KSh0.7 Billion Geothermal Drilling in Djibouti
The Kenya Electricity Generating Company (KenGen) has begun the drilling of three geothermal wells in Djibouti that will cost KSh0.7 billion. Drilling of the first well is projected to take [...]Fuel Prices Remain Unchanged in EPRA's Latest Review
Fuel prices will remain the same in this month's review even with rising crude oil costs, subsidized by the Petroleum Development Levy. Last month, The National Assembly Committee on Finance [...]KenGen Completes Drilling of 2nd Geothermal Well in Ethiopia
Kenya Electricity Generating Company PLC (KenGen) says it has completed drilling its second geothermal well in Ethiopia which is part of eight geothermal wells the listed firm has been contracted [...]KPLC Net Earnings rise 16.1% to KSh 1.5 Billion
Kenya Power and Lighting Company (KPLC) emerged from a loss-making territory or Net Loss of KSh 939 Million in 2020 to Net Profit of KSh 1.490 Billion for the financial [...]KenGen Full -Year Net Earnings Decline by 94.6% to KSh 1.2 Billion
Kenya Electricity Generating Company Plc (KenGen) has released its full-year results for the financial year ended 30th June 2021 reporting a decline in Net Earnings to KSh 1.2 Billion compared [...]Standard Bank, Citi, Norfund and CDC Group partner in USD$75M Funding to Kenya's Greenlight Planet
Standard Bank Group, Citi, CDC Group and Norfund have announced a partnership to provide a USD 75 Million sustainable finance facility to off-grid solar home solutions provider Greenlight Planet Kenya. [...]
