Kenya Power shuts door on banks return to selling tokens

Companies Kenya Power shuts door on banks return to selling tokens Friday September 02 2022 Kenya Power Acting Managing Director, Eng. Geoffrey Muli. PHOTO | DIANA NGILA | NMG Kenya Power has dashed commercial banks and other third parties’ hopes of renegotiating fresh contracts to sell prepaid electricity tokens, in a decision that will restrict … Read more

Monicah Juma explains talks with IPPS, Kenya Power reforms

Boss Talk Monicah Juma explains talks with IPPS, Kenya Power reforms Friday August 12 2022 Monica Juma’s tenure as the Energy and Petroleum Cabinet Secretary is nearing its end, less than a year at the ministry. From October when the career diplomat took over at Kawi House, overseeing reforms at Kenya Power and reduction of … Read more

NCBA unveils Sh2bn electric car financing as e-mobility picks speed

Capital Markets NCBA unveils Sh2bn electric car financing as e-mobility picks speed Wednesday August 03 2022 NCBA branch in Nairobi. FILE PHOTO | NMG NCBA Group has launched Sh2 billion electric vehicle financing as customers increasingly shift to battery-powered cars amid climate change advocacy and the rise in global oil prices.  The lender announced in a … Read more

Experts push for local currency negotiated power purchase plans

Industry Experts push for local currency negotiated power purchase plans Monday June 20 2022 Delegates following proceedings during the second day of sustainable energy conference at Geothermal Spar in Naivasha on June 17, 2022. PHOTO | CHEBOITE KIGEN | NMG Experts have called on the government to pursue more power purchasing agreements (PPAs) that are … Read more

Three Kenya Power board members resign amid restructuring

Companies Three Kenya Power board members resign amid restructuring Tuesday May 31 2022 Three board members of the State-owned power distributor Kenya Power have resigned with immediate effect, the company said on Tuesday, the latest to leave amid restructuring at the company. Kenya Power said in a notice published in newspapers, Elizabeth Rogo, Abdulrazaq Ali and … Read more

Kenya delays talks on 15pc cut in power bills

Economy Kenya delays talks on 15pc cut in power bills Friday April 22 2022 Kenya Power employees repair a transformer in Nairobi. FILE PHOTO | NMG By OTIATO GUGUYUMore by this Author Summary The State is yet to open talks for a review of power purchase agreements signed over the years by Kenya Power, signalling further … Read more

Homes, businesses feel Kenya Power token glitch pain

Companies Homes, businesses feel Kenya Power token glitch pain Thursday March 03 2022 Pre-paid electricity token machines provided by Kenya Power. PHOTO | FRANCIS NDERITU | NMG A technical glitch in Kenya Power #ticker:KPLC token vending system Thursday saw households and businesses suffer inconveniences and financial losses. The hitch made it impossible for customers to … Read more