×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download App

KenGen to set up subsidiary to grow revenue from non-core business

Albert Mugo KenGen CEO. Power producer KenGen is evaluating the possibility of setting up a subsidiary that will oversee its non-core activities that are proving to be critical revenue streams. (PHOTO: COURTESY)

Power producer KenGen is evaluating the possibility of setting up a subsidiary that will oversee its non-core activities that are proving to be critical revenue streams.

The firm has recently started diversifying its product offering. In addition to its core business of electricity generation, it is now selling other products and services including geothermal steam and commercial drilling services.

Get Full Access for Ksh299/Week.
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in