Connect with us

Hi, what are you looking for?

Capital Business
Capital Business
The transformers will be in Kisumu South, Chemelil, Muhoroni, Sibembe and Bukembe substations/FILE

Kenya

Kenya Power to invest Sh1.5bn on projects to improve supply

The transformers will be in Kisumu South, Chemelil, Muhoroni, Sibembe and Bukembe substations/FILE

NAIROBI, Kenya, May 14 – Kenya Power is expected to invest Sh1.5 billion on projects aimed at improving power supply in Kisumu and the wider Western and Southern Nyanza region.

The company’s Managing Director and CEO Ken Tarus say the projects, which are scheduled for completion by 2019, include repair works on existing substations and distribution lines and installation of additional transformers to cope with growing power demand.

The transformers will be in Kisumu South, Chemelil, Muhoroni, Sibembe and Bukembe substations.

Tarus says the company will also be extending its distribution network through the construction of new medium and low voltage lines in the region to connect more homes to the grid.

The CEO also stated that Kenya Power is focused on optimizing the energy mix by ensuring that more renewable energy is absorbed to reduce reliance on thermal electricity and lower the fuel cost charge.

“The issue of high cost of power has been presented to the government and is being considered. When a solution is found, Kenya Power will be more than willing to implement,” he said.

Approximately 60 per cent of Kenya Power’s revenue from sale of electricity is from large power consumers.

Click to comment
Advertisement

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Ask Kirubi

It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be...

Headlines

NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...

Kenya

NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...

Coronavirus

NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...

Coronavirus

NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...