KenGen opens new 83 megawatt plant at Olkaria
KenGen has added 83 megawatts of electricity to the national grid, boosting the government’s efforts to provide affordable power to consumers.
Stay updated with breaking news from State Controlled Kengen. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
KenGen has added 83 megawatts of electricity to the national grid, boosting the government’s efforts to provide affordable power to consumers.
The Treasury has offered Keya Power a Sh7.05 billion subsidy to allow the utility cut consumer electricity bills by a further 15 percent.
Independent power producers (IPPs) revealed on Thursday they were yet to receive invitations for talks on cutting wholesale power prices and ultimately lower consumer bills.
Energy CS Monica Juma said in January the cost of power would come down by March 31 to fulfil Uhuru’s promise of reduced electricity bills to homes.
The goal is to lower Kenya Power costs and offer the utility room to cut retail tariffs by 15 percent without sinking into losses.