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Kenyans to pay billions to compensate five IPPs

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People Daily | by Noel Wandera


Taxpayers could be forced to pay billions of shillings to compensate five Independent Power Producers (IPPs) whose contracts lack exit clauses.

Solicitor-General Kennedy Ogeto says  National Treasury did not seek the Attorney General’s advice while issuing letters of support (LOS) to the IPPs which resulted in lopsided agreements between the IPPs and Kenya Power…

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