Aga Khan Hospital
Aggreko
Aldwych International Ltd and Burmeister & Wain Scandinavian Contractor of Denmark
Disqus
Glasgow
Gulf Power
Iberafrica Power
IPP
Ity
Kenya
Kenya Power
Kilifi County
Lebanon
London
Matelec Group of Companies
Mboya
Melec PowerGen Inc
MW
Nairobi South
Rabai
Rabai Power
State
Thika Power
Triumph
Tsavo Power
Union Fenosa of Spain

Kenya Power pays Sh14.6bn to diesel electricity firms

Payments mainly attributed to poor weather that affected hydro power generation as well as increases in international oil prices. Glasgow-based emergency power firm Aggreko did not get any payment in the year, according to the annual accounts.However, Iberafrica Power, majority-owned by Union Fenosa of Spain, earned Sh3.1 billion in electricity sales to Kenya Power.

Kenya Power’s payments to diesel-fired electricity plant operators dropped by nearly Sh11 billion to Sh14.8 billion in the year to June compared to the previous period, the company’s annual accounts have showed. The payments were mainly attributed to poor weather that affected hydro power generation as well as increases in international oil prices.The State-controlled electricity distributor paid the Sh14.8 billion to six independent power producers (IPPs) including Tsavo Power, Iberafrica Power, Rabai Power, Thika Power, Triumph, and Gulf Power.

Mboya fight with Kenya Power over bills back in court

Glasgow-based emergency power firm Aggreko did not get any payment in the year, according to the annual accounts. However, Iberafrica Power, majority-owned by Union Fenosa of Spain, earned Sh3.1 billion in electricity sales to Kenya Power. This was 5.69 per cent less from the Sh3.3 billion the firm earned a year earlier.The firm has a 108.5 MW diesel plant located in Nairobi South, making it Kenya’s biggest thermal-based IPP.

Aga Khan Hospital gets accreditation for its laboratory services

Rabai Power made Sh2.9 billion in electricity sales to Kenya Power, a growth of 28.7 per cent compared to the Sh2.3 billion earned in 2017.The firm has a 90MW thermal plant located in Rabai, Kilifi County.Rabai Power is a joint venture between London-based energy firm Aldwych International Ltd and Burmeister & Wain Scandinavian Contractor of Denmark.Thika Power netted Sh2.35 billion in the period reflecting a 45.06 per cent rise from the previous year.Ity has an 87 MW diesel-fired plant and is a subsidiary of Melec PowerGen Inc, affiliated to the Matelec Group of Companies from Lebanon.

Please enable JavaScript to view the comments powered by Disqus.

Share this Post

by

Search