Time flies with great content! Renew in to keep enjoying all our premium content.
Prime
Youth, women bag a record Sh4bn Kenya Power tenders
Kenya has for the past three years stepped up efforts to lower the cost of electricity, mainly by lowering wholesale prices at which IPPs sell electricity to Kenya Power.
Kenya Power contracts awarded to businesses owned by the youth, women, and persons with disabilities hit a record high of Sh4.15 billion in the fiscal year ended June 30, 2024, handing a major lift to the three special groups.
Youth-owned businesses took 92 percent of the cash or Sh3.8 billion as the total value of the tenders to the three groups surged 779.2 percent from the Sh470 million awarded the previous year under the Access to Government Procurement Opportunities (Agpo).
