State freezes Sh15 billion power connection plan

DNCOASTPOWER1011B (1)

A technician repairs a power line. 

Photo credit: File | Nation Media Group

The government has shelved a Sh14.6 billion project that aimed to connect public institutions and offices to the national power grid following the withdrawal of the Finance Bill, 2024 which has left a big hole in the State’s budget.

The Treasury has cut the State Department for Energy’s budget for the 2024/25 fiscal year by Sh18.5 billion down to Sh14 billion from the Sh32.5 billion that the exchequer had initially allocated last month.

PAYE Tax Calculator

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