Kenya to terminate deals with independent power producers

Latest Kenya Power annual report shows that there are 12 Independent Power Producers in the country, one Emergency Power Producer and three import firms with 3,029 MW of installed power capacity as at June 2017.

Most of the PPAs are foreign funded and their tariffs are denominated on the dollar which pushes up the cost of electricity. Plans are underway to adopt a local currency based tariff for PPAs to help do away with the high forex charges.

Full article: The Star



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