Business Daily | by Edwin Okoth
The growing shift to solar power systems by heavy-consuming industrialists seeking reliable and cheaper supply has rattled electricity distributor Kenya Power amid thinning revenues.
The utility firm said some of its industrial customers — who account for about 54.8 percent of its sales revenues — are gradually shifting to own-generated solar power, dealing a further blow to its already dwindling finances.
“The company operated in a challenging environment over the financial year under review, where demand growth at 3.7 percent remained…
