Kenya Power drops plan targeting cost cuts, debt reduction

Kenya Power employees repair a transformer.

Kenya Power employees repair a transformer in Nairobi. FILE PHOTO | NMG

Kenya Power #ticker:KPLC has now completely cancelled the tender in which it was seeking a technical adviser to implement a restructuring plan including reduction of debts, electricity theft and employee costs.

The loss-making utility firm first made an amendment to the initial tender by removing the clause on a phased reduction in workforce after an outcry from its employees.

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