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Kenya Power pays KenGen Sh18.5bn in four months
From left: KenGen acting finance and ICT director Mary Maalu, managing director Rebecca Miano and business and development director Moses Wekesa during investor briefing in Nairobi on Friday. PHOTO | SALATON NJAU
Kenya Power #ticker:KPLC paid Sh18.57 billion to Kenya Electricity Generating (KenGen) #ticker:KEGN company in four months between July and October, cutting its debt for electricity received by about 85 per cent.
KenGen’s post balance sheet notes accompanying the recently released June 2018 financial results show that Kenya Power paid the amount between July and October.
