KenGen investors raise concerns over Sh15.5bn Kenya Power debt

Kengen shareholders during the company Annual General Meeting (AGM) at Safaricom Kasarani Stadium on November 30, 2016. FILE PHOTO | NMG

Kenya Electricity Generating Company (KenGen) #ticker:KEGN investors on Tuesday raised concerns about debt owed to the electricity generator by Kenya Power #ticker:KPLC as the utility service provider continues to battle financial headwinds.

The shareholders spent most of the question time during the company’s Annual General Meeting seeking assurance from the board that the debt, which is booked as Sh21.8 billion as at the end of the financial year, will be cleared.

PAYE Tax Calculator

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