L. Turkana Wind gets Sh11bn from Kenya Power sales

Wind turbines at the Lake Turkana Wind Power in Marsabit. FILE PHOTO | NMG

Lake Turkana Wind Power (LTWP) earned Sh11.05 billion as sales revenues for supplying electricity to Kenya power in the 10 months to June last year, pointing to the strong prospects of the mega project.

The earnings, disclosed in Kenya Power books, were the third largest power purchase costs incurred by the utility firm, after Kenya Electricity Generating Company (Sh36.89 billion) and OrPower 4 Inc (Sh12.58 billion).

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.