Home Business Kenya Power’s debt to KenGen hits Sh23.7bn

Kenya Power’s debt to KenGen hits Sh23.7bn

Share

Business Daily | by Edwin Okoth

Kenya Power owes its key supplier the Kenya Electricity Generating Company Sh23.7 billion, pointing to a growing debt distress to the monopoly energy distributor.

The debt covering the period to June 2020 excludes another Sh19.48 billion owed to Independent Power Producers supplying it with electricity and Sh4.67 billion owed to the Kenya Electricity Transmission Company…

Read more…


Share

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version