Kenya Power electricity losses rise above allowed limit
Kenya Power continues to make electricity losses above the limit set by the Energy and Petroleum Regulatory Authority (EPRA).
Source: citizen.digital
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KenGen returns Sh5bn profit as Kenya Power plunges into loss
KenGen grew its net profit by nearly half to Sh5.02 billion in the financial calendar ending June, even as its main customer Kenya Power Company, plunged into a loss of Sh3.19 billion. KenGen's earnings after tax rose by 48 per cent from Sh3.38 billion in the same period last year, with the power generator attributing it to higher revenues due to enhanced efficiency,
Source: energycentral.com
Kenya Power sinks into Sh3.19bn loss on weak shilling
Kenya Power has reported a Sh3.19 billion net loss for the year ended June 2023.
Source: nation.africa
Kenya Power profits to plunge by at least 25pc
The utility has attributed the expected profit slump to the rapid depreciation of the Kenyan shilling.
Source: nation.africa
Kenya Power profit to drop over tariff cut and forex losses
The firm attributed the drop to foreign exchange losses incurred on account of the weakening of the Shilling against the US dollar.
Source: standardmedia.co.ke