State to strip Kenya Power of big expansion projects
Kenya Power offices on Aga Khan Walk in Nairobi. The government will strip Kenya Power of the role of implementing big-ticket projects aimed at expanding electricity reach to let the firm only carry out its primary role of buying and selling electricity.
The government will strip Kenya Power of the role of implementing big-ticket projects aimed at expanding electricity reach to let the firm only carry out its primary role of buying and selling electricity.
The National Treasury, in the draft Budget Policy Statement (BPS), said the government will take the drastic step amid inefficiencies and role duplication in Kenya’s energy procurement, generation, transmission and distribution, which has led to high power costs.
