THE STANDARD
MONEY & CAREERS
Treasury CS Ukur Yattani receiving the cheque from KenGen (PHOTO: Courtesy)
The Kenya Electricity Generating Company PLC (KenGen) has paid the National Government Sh1,153,856,022 in dividends for the financial year ended June 2019.
The Government owns 70 per cent stake at KenGen while 30 per cent is owned by private shareholders.
National Treasury CS Ukur Yatani noted that as the country’s leading energy producer, KenGen was a major player in the Government’s efforts towards the country’s growth and development. “Energy is critical for the country’s growth and development. We take cognizance of the important role played by KenGen in growing the economy,” the CS said.
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ResearchAndMarkets.com s offering.
The publisher brings years of research experience to the 8th edition of this report. The 189-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Geothermal Power Generation Market to Reach $28.3 Billion by 2027
Amid the COVID-19 crisis, the global market for Geothermal Power Generation estimated at US$8.7 Billion in the year 2020, is projected to reach a revised size of US$28.3 Billion by 2027, growing at a CAGR of 18.4% over the analysis period 2020-2027.
Insights on the Geothermal Power Generation Global Market to 2027 - Featuring CalEnergy Resources, Calpine & Chevron Among Others oklahoman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oklahoman.com Daily Mail and Mail on Sunday newspapers.
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ResearchAndMarkets.com s offering.
The publisher brings years of research experience to the 8th edition of this report. The 189-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Geothermal Power Generation Market to Reach $28.3 Billion by 2027
Amid the COVID-19 crisis, the global market for Geothermal Power Generation estimated at US$8.7 Billion in the year 2020, is projected to reach a revised size of US$28.3 Billion by 2027, growing at a CAGR of 18.4% over the analysis period 2020-2027.
Dry Steam Plants, one of the segments analyzed in the report, is projected to record a 13.9% CAGR and reach US$4.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Flash Steam Plants segment is readjusted to a revised 17.7% CAGR for the n
KenGen Profits Jump 133% To 18 Billion Shillings
By Juma / Published January 28, 2021 | 2:44 pm KEY POINTS
KenGen received a tax credit of 4.59 billion shillings from the Kenya Revenue Authority (KRA).
The Kenya Electricity Generating Company (KenGen) has registered a whopping 133 percent jump in profits to end the last financial year at 18.3 billion shillings in the just-released results attributed to increased output of cheaper geothermal and tax savings.
“KenGen recorded a 13.4 percent growth in electricity revenue mainly attributed to the full operationalization of our 165MW (megawatts) of Olkaria V geothermal power plant in November 2019 which boosted geothermal production by 14 percent,” managing director Rebecca Miano said.