Williamson Tea eyes shift to own power on erratic supply

Williamson Tea Plc #ticker:WTK has resolved to start producing its own power in a bid to boost efficiency on its plantations, citing frequent outages on electricity supplied by State-controlled Kenya Power #ticker:KPLC to its factories.

The publicly-traded agricultural firm says unrelenting power blackouts have raised operating costs at some of its tea processing plants, with Western Kenya-based Kaimosi factory being the hardest hit.