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What Kenya Power-Ketraco assets transfer means
Kenya Power Managing Director Joseph Siror when he appeared before the Senate Energy Committee at Parliament Buildings Nairobi on October 17, 2023. PHOTO | DENNIS ONSONGO | NMG
Kenya Power is set to transfer a section of its transmission assets to the Kenya Electricity Transmission Company (Ketraco) as part of measures by the government to restructure the utility’s balance sheet. On Tuesday, the Business Daily caught up with Kenya Power managing director Joseph Siror to respond to all the major questions regarding the deal.
Why is Kenya Power transferring some of its electricity transmission assets to Ketraco?