PRIME Premium fuel demand drives Sh24bn imports Data from KNBS shows that the value of imports from two countries jumped three times from Sh12.11 billion in the same period last year.
PRIME Epra raises fuel transport and storage charges The new rates are part of the three-year cycle which started in July 2022, in a bid to offer KPC higher revenues from handling local and transit fuel.
Turning invasive weed into eco-friendly cooking energy The CBO says that the water hyacinth system seems to be the best choice and is like killing three birds with one stone.
Electricity generation increases 6pc in first-half as prices drop Data from Epra shows that the country’s power generators produced 7,201,974,843 kilowatt-hours (kWh) of electricity between January and June.
GDC targets private firm to build 10MW power plants GDC said that the independent power producer (IPP) will utilise the geothermal wellhead power plant for captive power generation with an option of the net electricity output sold to Kenya Power.
State freezes Sh15 billion power connection plan The Treasury has cut the State Department for Energy’s budget for the 2024/25 fiscal year by Sh18.5 billion down to Sh14 billion.
PRIME Kenya oil dream delayed further as Tullow field plan rejected Tullow had earlier been given a deadline of December 2021 to present a comprehensive investment plan for oil production in Turkana or risk losing concession on the exploration fields.
PRIME How diesel cargo sparked fresh Kenya-Uganda fallout Authorities in Kampala were provoked by KRA’s stand, with Uganda’s minister for Energy and Mineral Resources, Ruth Nankabirwa, sensationally accusing Kenya of derailing its direct fuel import...
Treasury order that dealt KPC Sh3bn blow in botched pipeline contract The KPC contracted Zakhem International Construction (Kenya) Ltd to build the Sh48 billion new Mombasa –Nairobi oil pipeline.
Kenya Power upgrades 2m token meters in three weeks The power utility yesterday expressed optimism that it will net all the targeted prepaid customers by the deadline set for August 31.
PRIME Blow as AfDB exits Nairobi waste power plant project on delays The lender cites “problematic sponsor (the company), breakdown in professional relationship and trust between the sponsor and the bank.”
Contracts for new Sh12bn power hub to be ready in June The contracts for the construction of a new national electricity dispatch hub to be managed by the Kenya Electricity Transmission Company (Ketraco) will be ready this month for approval by...
Developers top up Sh45.3bn loans on costly raw materials Expensive imported construction materials saw property developers go back to the banks for Sh45.3 billion top-ups last year, pushing the growth in loans advanced to the sector to a five-year...
PRIME Locals beat Chinese firms in Sh8.9bn last mile power deals The Last Mile project entered the fourth phase last week with the signing of the deals at State House, with an estimated 280,000 homes set to be connected.
PRIME New IPPs hit with 12pc tariff cut The energy regulator has slashed the maximum prices per unit of power at which new power plants can sell electricity to Kenya Power, in the latest push to lower the cost of...
Ketraco completes Sh1.5bn Kitale power line next month The completion of the project comes after a delay of nine years.
PRIME Kenya Power to offer consumers free tokens after blackouts Currently, Kenya Power offers compensation for injuries or damaged assets but does not compensate for financial losses resulting from hiccups such as blackouts.
Car & General eyes Coast with Sh800 million mall in Shanzu The Nairobi Securities Exchange-listed firm plans to construct the mall on four acres, with the construction slated to begin next year and be completed by 2026.
Heavy rains force Nyanza Golf Course designers back to drawing board Water at times takes months to recede into Lake Victoria, prompting a redesign of the course.
PRIME Once a giant, manufacturing now trails financial sector in Kenya GDP share In the 1980s, manufacturing in Kenya was such a big deal that the government of Daniel arap Moi dared to join the league of automakers.
Del Monte to make biofertilisers from June Fruit processor Del Monte has launched a fertiliser plant that will turn the company’s pineapple residues into biofertilisers.
Portland Cement reopens factory after Sh400m upgrade Critical components used in cement production processes such as bag filters and refractory bricks were replaced during the upgrade.
Watu Africa, US firm in security deal for boda boda owners The partnership will provide added protection to boda boda owners in the event of theft.
Landlords to reserve special slots for electric car chargers in new law Owners of malls, factories, gated communities, and apartments will be required to reserve at least five percent of their parking space for charging electric vehicles.
How Narendra Raval quietly secured exclusive iron ore deal in Uganda Raval is now eyeing the virgin production of steel, the first in Kenya and one of the few in the continent.