Revenue from fees that the Kenya Electricity Transmission Company (Ketraco) charges for power carried on its transmission grid nearly doubled to Sh5.21 billion in the year ended June 30, 2024, buoyed by newly commissioned lines and substations.
Company disclosures show the revenue from wheeling services grew 75.6 percent, from Sh2.97 billion the previous year, helping the firm to post a net profit of Sh2.95 billion in the year to June 2024, from a net loss of Sh3.8 billion the previous year.
