×
App Icon
The Standard e-Paper
Join Thousands Daily
★★★★ - on Play Store
Read on the App

Firms get Sh9b pay-off to end costly power deals

Energy CS Charles Keter (left) and PS Joseph Njoroge when they appeared before Senate Energy Committee at Parliament Buildings yesterday. [Boniface Okendo, Standard]

The Government will spend Sh9 billion to pay off the owners of three diesel-fired power plants in the latest bid to retire the costly electricity production method.

It is hoped this will help to cut electricity costs for consumers as the State upscales other cheaper and more efficient sources of energy such as geothermal and wind.

Full Access for less than Ksh 34 a day
Ksh 999 billed monthly. No hidden charges.
Fact-first journalism you can trust that is independent, accurate, and made for Kenya.
  • 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