Market News
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Kenya Power plans to outsource the entire metering process
Posted on :Monday , 26th January 2015
Managing Director Ben Chumo confirmed that the initiative is also aimed at eliminating corruption which for a long time has denied the company huge sums in revenue.“Our focus as a company is to ensure meter reading and billing is professionally done,” he said in an interview in his Stima Plaza office.For a long time, . . .
Green Energy Development in Kenya, Says Ruto
Posted on :Monday , 26th September 2016
Davos — The Government plans to provide electricity to at least 70 percent of Kenyans in the next three years, Deputy President William Ruto has said.
AFC announces $25m loan for Kenyan energy expansion
Posted on :Friday , 23rd January 2015
Multilateral development finance institution, the Africa Finance Corporation (AFC), would provide a $25-million loan, as part of a $150-million senior unsecured syndicated loan facility, to the Kenya Power and Lighting Company Limited (KPLC) to fund the rehabilitation and expansion of Kenya’s power transmission and distribution network.
In line with the Kenyan government’s p. . .
Grant to boost development of solar power and �mini grids� in Tanzania
Posted on :Wednesday , 21st January 2015
he Sustainable Energy Fund for Africa (Sefa) has approved a preparation grant for the development of a number of “solar-hybrid mini grids” in rural growth centres in Tanzania, the African Development Bank (AfDB) has announced.21 Jan 2015
Kenya seeks funds to grow power sector
Posted on :Wednesday , 21st January 2015
NAIROBI – KENYA requires $2 billion (Sh182,5 billion) to generate an additional 5 000 megawatts of electricity in two years.
The government would start initiating a proposed 960 MW coal power plant in Lamu before embarking on other power projects to produce 4040 MW to be added to the national grid.This, according to experts will help boost economi. . .Please Select an Option
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