New kengen boss Albert Mugo seeks sh.30billion to fund energy projects

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Show Swahili

New kengen boss Albert Mugo seeks sh.30billion to fund energy projects

15th January, 2014

Kenya electricity generating company kengen has announced plans to raise 30 billion shillings this year which in a mixture of a rights issue and external sourcing.According to new ceo Albert Mugo the funds are part of 467 billion shillings being sought on a long term basis to generate additional 2,500 megawatts in the next four years.

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