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.