The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Rural Electrification Authority Chairman Simon Gicharu at a past event. [Photo: File, Standard]
Rural Electrification Authority (REA) plans to challenge Kenya Power’s monopoly in electricity distribution. REA says it is readying a proposal to sell power directly to clients not connected to the main grid instead of installing generators and relinquishing them to Kenya Power.
Authority Chairman Simon Gicharu says they have got a nod from the State Corporations Advisory Committee to change their classification to start retailing power. “We have approvals to re-categorise REA from three to two, which should bring us close to being category one that includes commercially-oriented parastatals like Kenya Power and Kenya Pipeline,” said Mr Gicharu.
Premium Article
Get Full Access for Ksh299/Week.
Uncover the stories others won't tell. Subscribe now for exclusive access.
Stand With Bold Journalism.
Stand With The Standard.
Journalism can't be free because the truth demands investment.
At The Standard, we invest time, courage and skills to bring you accurate,
factual and impactful stories. Subscribe today and stand with us in the
pursuit of credible journalism.