Thursday, December 17, 2015

Kenya: Kengen Wants to Sell Electricity Directly to Customers

Kengen Eyes More Cash With Direct Power Sales (AllAfrica.com)

Kenya Electricity Generating company (Kengen) wants to sell power directly to large consumers to increase its revenue, managing director Albert Mugo told shareholders yesterday.

Mugo said the plan is however subject to the passing of the Energy Bill which will eliminate Kenya Power's monopoly as the sole distributor of power in the country.

Mugo said selling power directly to companies located near power plants is a practical way of increasing KenGen's margins.Under the existing law only Kenya Power has the mandate to distribute electricity and all producers are required to sell their power to the utility firm for redistribution to users.

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