Nation | by Edwin Okoth
Kenya Electricity Generating Company’s (KenGen) last week announcement that it had more than doubled its net profit to Sh18.38 billion for the full year ending June 2020, has shed the light on the power value chain where the producer is making huge profits while the distributor is sinking in financial abyss.
The energy generator’s 133 per cent jump in earnings is hard to compare with its key partner in the business; Kenya power, the only buyer of its product.
The two have their profitability graphs facing different directions despite…
