19th November, 2014
National electricity distributor, Kenya Power, has contracted a USD190 million (Shs.17 billion) long-term loan from the Standard Chartered Bank (SCB) to implement infrastructural development projects.
Nairobi, Kenya – 12 November, 2014: East Africa's largest power distributor, Kenya Power, today announced the selection of IBM (NYSE: IBM) for an automated system that will provide a real time status of all business processes. This will enable Kenya Power to implement its strategic expansion plans.
Sunday, 10th August, 2014
Kenyans will benefit from approximately 47% reduction in electricity prices in the next three years owing to increased generation from cheaper sources of power, Principal Secretary for Energy and Petroleum, Eng. Joseph Njoroge, has said.
Kenya Power has adopted a radical approach to enhancement of quality and reliability of power supply to the economy by opting to implement out-of-the-box solutions.
Kenya Power has embarked on an operation through which it intends to improve the quality of power supply to its large power and domestic customers within the Industrial Area, Nairobi. The operation dubbed Boresha Stima Viwandani will be carried out over a period of 2 months and will involve master repair works such as the rehabilitation of jumpers and the realignment of high tension lines.
The quality of power supply to the industries and residents of Thika town is set to greatly improve following the completion of a 66/11 kv substation with two 45 MVA transformers at Makongeni. The ultra-modern facility, constructed by Kenya Power at a total cost of Shs.642 million, has adequate capacity to accommodate additional power demand by existing industries who would like to expand their operations, as well as new industrial and commercial enterprises.
The electricity distribution network will be strengthened to support heavy industrial and commercial use, with the injection of over USD 600 million in the next three years, Kenya Power Managing Director and CEO, Dr Ben Chumo said today.