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Monday, October 20, 2014 4:39:28 AM
http://www.kplc.co.ke/content/item/14/About-Kenya-Power
http://www.offshorewind.biz/2014/10/06/kenya-oks-werpos-100-mw-wave-energy-project/
GOVERNMENT BACKED OPERATIONS
Kenya Power owns and operates most of the electricity transmission and distribution system in the country and sells electricity to over 2.6 million customers (as at April 2014).
The Company’s key mandate is to plan for sufficient electricity generation and transmission capacity to meet demand; building and maintaining the power distribution and transmission network and retailing of electricity to its customers.
The Government has a controlling stake at 50.1% of shareholding with private investors at 49.9%. Kenya Power is listed on the Nairobi Securities Exchange.
2004: The Energy Sector Recovery Project (ESRP) is started to rehabilitate and reinforce the transmission and distribution network in order to improve the quality and reliability of supply, reduce system losses and increase access to electricity.
2007: Rural Electrification Authority (REA) is established to speed up the implementation pace of the rural electrification programme.
2008: Kenya Electricity Transmission Company (KETRACO) is incorporated by the government to accelerate transmission infrastructure development.
2008: The government incorporates the Geothermal Development Company tasked with developing steam fields to reduce upstream power development risks so as to promote rapid development of geothermal electric power.
2011: The Kenya Power and Lighting Company rebrands to Kenya Power.
Please click here to view the History timeline video on our Youtube Channel
WHOAAAAA
http://www.africanreview.com/energy-a-power/renewables/kenyan-companies-to-spend-930-million-in-renewable-energy-push
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