Private Investors Raise Kenya's Energy Generation Capacity to Support Growth With Equity
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- Category: Power & Energy
- Published on Wednesday, 20 March 2013 11:37
- Written by Super User
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Kenya's electricity generating capacity is set to receive an 80 megawatt boost when a new private power project sponsored by local investors is completed in the next 12 months.
Gulf Power Limited, an independent power producer established by a consortium of Kenyan investors, will
Read more: Private Investors Raise Kenya's Energy Generation Capacity to Support Growth With Equity
KenGen’s Sh3trl budget puzzle in Vision 2030 bid
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- Category: Power & Energy
- Published on Wednesday, 20 March 2013 11:29
- Written by Super User
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The Kenya Electricity Generating Company will have to spend at least Sh170 billion annually over the next 17 years to meet the country’s projected power demand and to help in the attainment of Vision 2030.
According to KenGen’s outgoing managing director, Mr Eddy Njoroge, local demand for power is projected to hit
Read more: KenGen’s Sh3trl budget puzzle in Vision 2030 bid
Kenya in $6m renewables investment
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- Category: Power & Energy
- Published on Wednesday, 13 March 2013 12:22
- Written by Super User
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Kenya’s state-owned utility Kenya Power is spending $6.4m on developing off-grid renewable power projects.
The solar and wind projects will complement diesel generation in the North Eastern and Rift Valley, which are not connected to the national grid.
Electricity sales bolster Kenya Power profit up 36pc
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- Category: Power & Energy
- Published on Wednesday, 13 March 2013 12:13
- Written by Super User
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Electricity distributor Kenya Power posted a 35.6 per cent rise in half year net profit buoyed by rising demand and lower tax liability.
The firm’s net profit grew to Sh3.1 billion in the six months to December 2012 from Sh2.3 billion similar period the
Read more: Electricity sales bolster Kenya Power profit up 36pc