Unmask owners of supplier firms, MPs order Kenya Power

Kenya Power

Kenya Power Managing Director Bernard Ngugi during an operation to curb illegal connections and theft of electricity in Huruma, Nairobi on March 15, 2021. PHOTO | DIANA | NGILA | NMG


Photo credit: Diana Ngila | Nation Media Group

Parliament has ordered Kenya Power #ticker:KPLC to disclose the identity of the owners of power producer firms which pocketed Sh50.2 billion in sales to the utility in the year to June 2020.

Abdulswamad Nassir, chairman of the Public Investment Committee (PIC) of the National Assembly said Kenya Power is required to table its 17 Power Purchase Agreements (PPAs) signed with the various firms by close of business today(Wednesday).

PAYE Tax Calculator

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