Kenya Power spends Sh140m on legal fees in tariff negotiations

Kenya Power workers carry out repair works along Haile Selassie Road, Mombasa. FILE PHOTO | KEVIN ODIT | NMG

Electricity distributor Kenya Power #ticker:KPLC will pay Sh140.75 million in legal fees connected to the renegotiation of power purchase agreements (PPAs) signed with electricity-generating companies.

The State-owned firm revealed the award of the legal tender to two firms in regulatory disclosures seen by the Business Daily.

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