Kenya Power signs on IFC plan to curb electricity leakages

Kenya Power managing director Ken Tarus. FILE PHOTO | NMG

Kenya Power #ticker:KPLC has tapped the International Finance Corporation (IFC), the World Bank’s private arm, in a two-year project aimed at sealing electricity leakages that eat into the power distributor’s profit margins.

The Sh80 million initiative, half financed by the IFC, will focus on reducing power losses on the utility firm’s network.

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