Uncategorized

Power Importation to Help Lower Cost of Tokens for Kenyans

Chrispen

Sunday, November 20, 2022 –Government has started plans to import back-up electricity to the tune of 200MW from Ethiopia.

In its bid to lower the cost of electricity for Kenyans, the government decided to seal the deal that will finally lower the cost of tokens.

Image of Kenya Power token meter.

Ministry of Energy announced that it was carrying out tests that will see it pump a whopping 200MW into the national grid.

“We are carrying out pre-commissioning tests that will pave way for the injection of 200MW into the national grid,” a statement from ministry of energy official revealed.

It attributed lower hydroelectricity in the country to prolonged drought what has been forcing Kenya Power and Lighting Company KPLC to increase token prices every now and then.

Essentially, Geothermal power across the globe is always expensive due to high cost of production; what has been facing Kenya for a long time.

In the new deal signed between the two nations, commercial operations will officially be commencing upon joint testing and commissioning of the interconnector.

“We will start commercial operations on November 1, 2022, upon joint testing and commissioning of the interconnector,” KPLC acting CEO Geoffrey Muli announced during the deal signing session.

Kenya Power and lighting Company KPLC.

The cost of electricity in the country has been going up every after three or four months what has also affected many businesses in the country.

Business || Brand strategist || Marketing - We make and break Brands®

Related Posts