The Kenya Tea Development Agency (KTDA) has strongly denied allegations of mismanaging Sh1.3 billion contributed by farmers for small hydro projects. They assert that the funds are transparently utilized for their intended purpose of lowering electricity costs for tea factories.

• Sh1.03 billion has been contributed by shareholders as equity for the projects.
• The Settet Power Generation Company, incorporated in October 2010, is co-owned by seven tea factory companies in Kericho and Bomet Counties, along with KTDA Power Company Limited.
• Chemosit Small Hydro Plant (2.5 megawatts) is expected to be completed by May 2026.
• The projects are financed on a 65:35 debt-to-equity ratio, requiring a total equity contribution of Sh1.1 billion.