Market News

Kenya Electricity Generating Company PLC ( KenGen) has apeared East Africa’s leading Sustainable Power Producer in the 2018 Capital Finance International Awards (CFI.co Awards). KenGen, Kenya’s largest power producer accounting for 69% of the country’s power, was given the award . . .

The Kenya-Tanzania Power Interconnection Project has been divided into several lots, with contractors on the Tanzanian side executing to set up a 510km 400kv transmission line and following substations in order to meet the 2020 completion deadline. The project is being achieved by the Tanzania El . . .

In order to exchange electricity effectively the state-owned power utility firm is currently undertaking the Kenya-Tanzania Power Interconnection Project (KTPIP). The project includes building of a 400kV transmission line from Singida to Isinya in Kenya through Babati, Arusha and Namanga. Kenya& . . .

Former US President Barack Obama’s Power Africa initiative has showered Kenyan green energy projects with grants totalling Sh650 million in efforts to accelerate electrification. Mr Obama still launched Power Africa as a policy tool to unravel and activate investments in the continent’s . . .

Kenya’s Ministry of Energy has released an updated power development plan, unveiling the nation’s energy strategy between 2017 and 2037. Under the strategy, construction of the planned Sh968bn (US$9.6bn) nuclear power plant has been postponed by nine years. The plant had been initi . . .