Kenya Power holds Sh10 billion dead stock

kenya power, electricity bills, electricity costs, electricity supply


Business Daily | by Edwin Mutai


Kenya Power holds about Sh9.8 billion in dead stock, the Energy Ministry has said, underlining the electricity supplier’s messy procurement programmes.

Energy Principal Secretary Gordon Kihalangwa said an audit has revealed piles of idle stocks at the utility firm, including power transformers, including items that have been in  warehouses for over five years…

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