Business
Kenya: Massive expansion of electricity infrastructure underway – country to triple output in 4 years
Kenya Power, which serves more than 2 million customers, depends on hydro power stations and geothermal plants, run by the Kenya Electricity Generating Company.
Kenya plans to add 5,000 MW of power supply capacity to the existing 1,664 MW generated by 2017.
Chumo said that in the financial year ending June 2014, Kenya Power expected an additional 540 MW of electricity from new geothermal, wind and diesel power plants, compared with the previous year.
Kenya Power posted a 24 percent drop in pretax profit for its year ended June, hurt by higher financing costs.
