Chinese contractor slaps Ketraco with Sh1.1bn interest fine

Power lines connecting pylons of high-voltage electricity. FILE PHOTO | NMG

A Chinese contractor has slapped the Kenya Electricity Transmission Company (Ketraco) with a Sh1.1 billion bill as interest for delayed payments in the latest controversy surrounding the Loiyangalani-Suswa line.

Nari-PCGE, which was hired to construct the line that is being used to evacuate electricity from Lake Turkana Wind Power (LTWP), told Parliament that it has not been paid all its dues despite completing works.

PAYE Tax Calculator

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