Time flies with great content! Renew in to keep enjoying all our premium content.
Prime
State-owned energy firms face Sh9bn payouts for contract breaches
Treasury has repeatedly flagged the majority of the State entities for outrightly defying directives to clear pending bills despite having budgets for the same.
State-owned energy sector firms, including the Kenya Electricity and Transmission Company (Ketraco) and the Nuclear Power and Energy Agency (NuPEA) are facing cumulative payout claims of Sh8.7 billion, while have pile up over the years after they lost contract breach court cases against contractors and individuals.
Disclosures by the Ministry of Energy show that the bill is for court cases that the two entities have lost between July 2019 and June 2025. A total of Sh9.027 billion has been awarded, and only Sh245 million of the amount has been paid to the various claimants.
