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Banks set to reap from new energy management rules
A co-generation project where Mumias Sugar Company factory produces surplus power that is channelled to the national grid. Photo/ANTHONY KAMAU
The Energy Regulatory Commission is set to release new energy management regulations for industrial, commercial and institutional organisations in a move that will open new lending opportunities for commercial banks.
The energy management regulations will guide organisations on what investments they should make to conserve energy while producing the same amount of goods, by using efficient machines and diversifying their sources into renewables like solar, biogas and wind power.
