Team picked to review Kenya Power’s costly purchase deals

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Business Daily | by Victor Juma


President Uhuru Kenyatta has appointed a task force to review power purchase agreements (PPAs) signed between Kenya Power and all electricity generators with a goal of renegotiating the energy prices and other terms downwards.

The team will be chaired by boardroom veteran John Ngumi and will have 15 other members drawn from the private and public sectors including retired judge Aaron Ringera, former PricewaterhouseCoopers executive Anne Eriksson and James McFie.

Review of the PPAs comes after it emerged that Kenya Power has signed contracts committing it to…

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