Kenya Power gets Sh25bn loans repayment reprieve

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Kenya Power employees install underground cables in Mombasa. FILE PHOTO | WACHIRA MWANGI | NMG

Kenya Power has been given a financial reprieve after obtaining a repayment moratorium on Sh25.1 billion worth of loans from international development partners.

The company will now start servicing the debt after June 2024, marking the latest in a series of debt repayment moratoriums in the wake of the Covid-19 pandemic.

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