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Kenya Power to settle Sh23bn KenGen debt

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Business Daily | by Brian Ngugi


The government says it will ensure that Kenya Power pays its debt to KenGen and other power producers, responding to concerns that the electricity distributor’s default could hurt the entire supply chain.

KenGen, whose sole customer is Kenya Power, had not been paid Sh23.9 billion by the monopoly as of June 2020 and has one of the largest claims. The utility also owes independent power producers Sh20.5 billion even though…

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