KenGen eyes industrialists for direct electricity sales

A KenGen power plant at Olkaria V Geothermal in 2018. PHOTO | SALATON NJAU

State-owned Kenya Electricity Generating Company (KenGen) #ticker:KEGN is targeting flower firms and large industries in the proposed Naivasha Industrial Park as first customers for direct electricity sales, officials have said.

Listed electricity distributor Kenya Power #ticker:KPLC currently has a monopoly on power sales but the Energy Act 2019 provides for the opening up of the sector.

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