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Kenya Power

Kenya Power technicians at work. PHOTO/Business Today Kenya
Business

Treasury and Epra hold key to lower power bills after Kenya Power IPP talks

Kenya Power has already completed talks with several Independent Power Producers to review Power Purchase Agreements that have long been blamed for driving up electricity prices. The new terms, which aim to cut tariffs and convert contracts from foreign currency to Kenya Shillings, were finalised during the financial year ending June 2025 and submitted to Treasury and Epra for review, according to the Auditor-General.

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Kenya Power technicians at work. PHOTO/Business Today Kenya
News

Kenya Power audited for falling short on AGPO contract targets

Breaking down the Sh3.5 billion awarded under AGPO, youth-owned businesses received Sh2.2 billion, women-owned businesses Sh1.25 billion, and businesses owned by persons with disabilities Sh66.7 million. AGPO, introduced under the Public Procurement and Asset Disposal Act, 2015, requires State entities to reserve 30 per cent of tenders for youth, women, and persons with disabilities, usually for common goods and basic services.

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