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Kenya Power loans hit Sh105b as it seeks funds for mega projects

Kenya Power personnel fixing street lights. PHOTO: FILE

Kenya Power has taken loans worth Sh105 billion, as it accumulates debt to fund its large infrastructure projects.

A breakdown of the loans in its 2016 financial statements shows that the company has been most aggressive in accumulating credit in the last three years, doubling its debt from the Sh53 billion it had at the end of June 2014.

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