The government says it will ensure that Kenya Power #ticker:KPLC pays its debt to KenGen #ticker:KEGN and other power producers, responding to concerns that the electricity distributor’s default could hurt the entire supply chain if it is not resolved in the near term.
KenGen, whose sole customer is Kenya Power, had not been paid Sh23.9 billion by the monopoly as of June 2020 and has one of the largest claims.
