KPLC Archives - Daily Chronicles

Kenya Power to start charging certain customers in dollars

26Feb

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Business

Kenya Power to start charging certain customers in dollars

Kenya Power has recently secured regulatory approvals to implement dollar billing for certain customer categories. The move aims to mitigate currency exchange risks and stabilise revenue streams for the utility company that announced a return to profitability with a Sh319 million profit in the first half of the financial year 2023/24. This approval follows a period of extensive deliberation and assessment by regulatory bodies to ensure compliance and fairness. “There was a lot of engagement on this right from the top, including the regulator and the government, and we got the necessary approvals,” Kenya Power Finance Manager Stephen Vikiru said on February 23. Kenya Power, in its bid to cushion itself against currency fluctuations, had sought permission to bill some custom...

Customers Unable To Buy Electricity Tokens As Kenya Power Prepaid System Goes Down

19Oct

By adminNo Comments

Business, local news

Customers Unable To Buy Electricity Tokens As Kenya Power Prepaid System Goes Down

Kenya Power customers were on Thursday morning unable to purchase electricity tokens on the utility’s prepaid system. Through a notice released at 8 a.m., KPLC acknowledged that the prepaid system was down and said they were working to restore it “within the shortest time possible.” “We are experiencing a glitch in the prepaid system, which is affecting the generation of electricity tokens. We are working to restore normalcy within the shortest time possible,” the notice read. "We apologize for any inconvenience caused."

Tokens Purchase Will Be Unavailable for 12 Hrs – Kenya Power

31Mar

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Business

Tokens Purchase Will Be Unavailable for 12 Hrs – Kenya Power

Kenya Power announced temporary system maintenance affecting the purchase of tokens. The utility firm stated that the system maintenance would start on Friday, March 31, from midnight to Saturday, April 1, at 11 am. Besides affecting the purchase of tokens system maintenance would affect the checking of token details. Further, Kenya power stated that the USSD code used by the public and 'my power App', would not be accessible. We wish to inform you that we will carry out system maintenance. As a result, the purchase of prepaid tokens and checking of token details via "977# and myPower App will be unavailable. "We apologize for any inconvenience caused. Stay Connected," Kenya Power announced. Kenya Power encouraged its customers to purchase tokens before midni...

Electricity prices to rise by 15% in January 2023 as subsidy is dropped

31Dec

By adminNo Comments

Business

Electricity prices to rise by 15% in January 2023 as subsidy is dropped

Consumers will be hit by an electricity price shock in January 2023 as the subsidy which retired president Uhuru Kenyatta initiated is dropped. Energy and Petroleum Regulatory Authority (EPRA) director-general Daniel Kiptoo said the 15 per cent discount would not be extended beyond its expiry date of December 31, 2022. “When the new government came in, it withdrew the support (subsidy) in August, and thus after the end of December, we will revert to the rates that were in place before January,” President William Ruto has been against subsidies imposed by his predecessor on items like petrol and maize which were meant to ease the cost of living crisis and boost economic growth. However, Ruto eliminated subsidies terming them unsustainable. In his inaugural speech on Tues...

Kenya Power Staff Threaten To Strike Over Planned Mass Layoff

24Feb

By Nasra HusseinNo Comments

Business

Kenya Power Staff Threaten To Strike Over Planned Mass Layoff

The employees, through the Kenya Electrical Trades and Allied Workers Union (KETAWU) have opposed the planned retrenchments, saying that they have not been involved in the plan. According to the power supplier’s Acting Chief Executive Officer Rosemary Oduor, the phased voluntary employee separation (VES) exercise will send home 1,962 employees and replace them with 830 younger staff at a cheaper cost. “The company, because of low attrition rate, has an ageing and expensive workforce resulting in staff cost growing at nearly twice the rate of revenue growth,” Oduor previously said in an internal circular dated January 24. The programme is set to be implemented in May through June 2023 and will see the current Kenya Power employee count of 9,843 fall to 8,711....

The National Treasury is spending Sh38 billion to bailout Kenya Airways, Kenya Power and universities.

2Feb

By Nasra HusseinNo Comments

Business

The National Treasury is spending Sh38 billion to bailout Kenya Airways, Kenya Power and universities.

The National Treasury is spending Sh38 billion to bailout Kenya Airways, Kenya Power and universities. Treasury is seeking the approval of the National Assembly for an extra Sh126 billion spent in this year’s budget. KQ has been allocated a chunk of the additional amount at Sh26 billion followed by expenditures on fuel subsidy that took up Sh24 billion. Allocation to Kenya Airways constituted the highest of the Treasury’s extra spending, most of which was drawn from a reduction in marine transport projects at Sh15 billion. “The reduction is on account of rationalisation of slow-moving projects,” Yatani said, adding that KQ allocation is to help cater to the airline’s expenditures. Universities are also set for a cash boost with the allocation of Sh8.5 billion more to ca...

Kenya Power kicks off search for new CEO

28Jan

By Nasra HusseinNo Comments

Business

Kenya Power kicks off search for new CEO

Kenya power building along Aga Khan walk, Nairobi on this photo taken on August 15, 2021. PHOTO LUCY WANJIRU Kenya Power has commenced search for a substantive Chief Executive Officer to replace former CEO Bernard Ngugi who resigned in a huff in August last year leaving vacant the position usually filled by company insiders. This places acting CEO Engineer Rosemary Oduor at the front of the queue to replace Mr Ngugi, having served at the company in various capacities for decades before taking control of the company in her current position following his exit The 55-year old joined the firm in 1991 and served as the company’s general manager in charge of commercial services and sales prior to her appointment.

Police to seek 21 days to detain KPLC Senior managers over power outage

19Jan

By Nasra HusseinNo Comments

local news

Police to seek 21 days to detain KPLC Senior managers over power outage

Ten Kenya Power company officials were driven to Kahawa Law Courts within the precincts of Kamiti Maximum Prisons ahead of their arraignment on Wednesday. The ten were arrested Tuesday in the ongoing probe into claims of sabotaging electricity supply that affected most parts of the country last week. Officials from the Serious Crime Unit, who are handling the case, said they intend to make a miscellaneous application before the court and seek to hold the ten for 21 days to enable them to conclude investigations. Lawyers of those held rushed to the court after they heard their clients would be taken to Kahawa instead of Milimani or Kiambu. Kahawa is usually reserved for terror suspects. The ten, including the General manager in charge network, were summoned to the Direct...

Nuclear power agency a waste of funds – John Ngumi report.

26Oct

By Nasra HusseinNo Comments

Business

Nuclear power agency a waste of funds – John Ngumi report.

Kenya has 16 more years to attain its nuclear power dream, hence no need for an agency right now, according to a presidential task force This is one of the recommendations in the full report by the task force appointed by President Uhuru Kenyatta to lo into the country's power purchase agreement (PPAs). According to the John Ngumi led team, the agency has been receiving at least Sh500 million from the Treasury since 2019 but spends most of the cash on salaries for now since Kenya's Nuclear power generation hopes targets 2037. ''It is unlikely that the country will go into nuclear power production in the foreseeable future. It is our considered view that Nuclear Power and Energy Agency (Nupea) to be abolished,'' the task force recommends. It wants the agenc...

Rosemary Oduor appointed acting Kenya Power CEO

4Aug

By Nasra HusseinNo Comments

Business

Rosemary Oduor appointed acting Kenya Power CEO

The Kenya Power Board of Directors has appointed Rosemary Oduor acting Managing Director and CEO. In a statement on Wednesday, Board Chairperson Vivienne Yeda said her appointment followed the resignation of Bernard Ngugi. "We wish to inform our shareholders that the Board of directors, exercising their powers given under Article 113 of the Articles of Association of The Kenya Power and Lighting Company Plc, have appointed Eng. Rosemary Oduor as the Acting Managing Director and Chief Executive Officer of the company with effect from 4th August 2021," the statement said. Prior to her appointment, Oduor who has worked with Kenya Power since 1991 was the company’s General Manager in charge of Commercial Services and Sales. She also has experience in power engineering and mana...