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Originally published by The Standard Business
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May 26, 2026
3h ago

New bid to block unused power gravy train for electricity firms

New bid to block unused power gravy train for electricity firms

Kenya is renegotiating power purchase agreements to phase out costly take-or-pay clauses and require renewable energy producers to invest in battery storage systems...

✨ Key Highlights

Kenya has initiated negotiations for new power purchase agreements (PPAs) with electricity producers, marking the end of a seven-year freeze on such contracts.

  • The move aims to address the issue of "unused power" and potentially curb excess payments to energy firms.
  • Key negotiations involve Kenya Power, led by its Chief Executive Joseph Siror.
  • This development follows a prolonged period without new agreements, suggesting a strategic shift in how the country manages its energy sector contracts.

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