Kenya Power , the monopoly electricity distributor, has set rolling plans for the transfer of assets worth billions of shillings to its sister State-owned company, Kenya Electricity Transmission Company (Ketraco). ;The assets will be acquired by Ketraco at market value, with the deal allowing Kenya Power to offset previous loans provided by the government. ;Kenya Power will also assume responsibility for maintaining and operating the network for a minimum of 10 years. Kenya Power has been undertaking the operation and maintenance of rural electrification schemes (RES) that are aimed at deepening connectivity in rural Kenya. The 22.4 per cent system losses comprise four per cent transmission losses shared by Kenya Power and Ketraco, eight per cent technical losses and 10.4 per cent commercial ;losses.

Source: Standard Digital October 23, 2023 22:01 UTC