State freezes electricity price review, hurting Kenya Power funding plans

A Kenya Power technician installs lines during a power supply upgrade at Homa Bay substation.

Photo credit: File | Nation Media Group

Kenya has frozen a planned review of electricity prices for the year starting July 1, dealing a blow to efforts to increase revenues for Kenya Power and other utilities in the energy sector.

Energy and Petroleum Cabinet Secretary Opiyo Wandayi said on Wednesday that Kenya Power had withdrawn its application for new tariffs amid concerns that a review could have led to higher electricity costs.

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