Parliament probes US firm’s power tariff deal

geothermal power station, kengen, gdc
[Image source: Think Geo Energy]


Business Daily | by Otiato Guguyu


US energy firm Ormat Technologies is cooperating in a parliamentary investigation into private contractor deals with Kenya Power.

In regulatory filings with the US Securities Exchange Commission (SEC), Ormat said Kenyan MPs have asked for details of their operations at Olkaria and agreements with the monopoly electricity supplier…

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