Why Kenya Power-Ketraco Sh20b assets transfer deal may be off

The planned overhaul of the electricity distributor mooted in May will see it surrender its transmission lines to its sister State-owned agency. [iStockphoto]

The plans to transfer some of Kenya Power's assets to the Kenya Electricity Transmission Company (Ketraco) may have been overtaken by events and may no longer be necessary.

In a 2023 deal that had been okayed by the Cabinet, the firm was expected to transfer transmission lines that were estimated to be worth Sh20 billion to Ketraco.