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Kenya's electricity sector on Monday defended the latest bid to hike power costs, arguing that this is necessary to enable the industry to continue investing in infrastructure to enable them to meet growing demand from an increasing customer base.
Senior executives from nearly all the state-owned power sector entities showed up at a briefing to support the proposed higher electricity rates.
Kenya Power acting managing director, Geoffrey Muli, who did the heavy lifting on Monday in pitching for higher rates was accompanied by senior officials from the Kenya Electricity Transmission Company (Ketraco), KenGen and the Rural Electrification and Renewable Energy Corporation (Rerec).
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