The National Assembly’s Public Investments Committee has raised alarms about the potential collapse of Kenya Power Lighting Company (KPLC), citing a financial deficit of Ksh70 billion.

• Current liabilities of Ksh115.2 billion against assets of Ksh44.2 billion indicate deep financial distress.
• Key issues include inflated electricity bills and procurement irregularities, particularly a Ksh55.9 million contract violation.
• CEO Joseph Siror attributed the crisis to prior capital-intensive projects and emphasized recovery strategies, including reducing system losses and enhancing debt collection.