Last year, Kenya Power paid Sh22.1 billion for fuel costs, or 28 per cent of its power purchase costs of Sh78.9 billion, while foreign exchange costs, the cover for exchange rate fluctuations, added 7.8 per cent. FUEL COSTSLast year, Kenya Power paid Sh22.1 billion for fuel costs, or 28 per cent of its power purchase costs of Sh78.9 billion, while foreign exchange costs, the cover for exchange rate fluctuations, added 7.8 per cent. And a much bigger crisis is in the offing: The Lake Turkana Wind Power Project, with a listed capacity of 310 megawatts, indicates it has started producing electricity and is billing Kenya Power. Construction of the line was abandoned in 2016, when an Italian firm contracted by the Kenya Electricity Transmission Company went bust. The manufacturers should take up more power at night at half the cost of daytime to improve on their bottom line.

Source: Daily Nation May 02, 2018 19:30 UTC