Time to Fully Privitise KenGen & KPLC? - Stocks - Wazua

Welcome Guest

Wazua » Investor » Stocks » Time to Fully Privitise KenGen & KPLC?

2 Pages12>

Time to Fully Privitise KenGen & KPLC?

Options

Previous Topic · Next Topic

ecstacy		#1 Posted : Saturday, August 08, 2009 1:12:00 PM
Rank: Elder Joined: 2/26/2008 Posts: 4,449		damn. When KPLC can't even follow a rationing schedule they created or reliably supply electricity and their brothers KenGen as a habit cannot generate sufficient power for reasons known to them,despite billing taxpayers billions of shillings over time,I think it is time Kenyans sought a permanent fix to this crap. KPLC distributes,KenGen generates. To be fair to KPLC you cannot distribute what doesn't exist so I'll direct my full bile at the past and current political idiots who've reduced parastatals to the inefficient money sucking taxpayer funded monoliths they are. I'm not one to encourage selling of national assets but it's simply high time we fully privitised KenGen and KPLC to improve efficiency and shield them from negative political influence. People,your solutions or what does it take to achieve this???
Back to top		\|
User Profile

wanyo		#2 Posted : Saturday, August 08, 2009 3:34:00 PM
Rank: Member Joined: 9/28/2006 Posts: 102		Politics. the issue is MAU. Somebody is seeking justification to evict people from mau so that there will be less reactions when people are made to associate power rationing with MAU occupations. i agree with you need to privitise to make critical systems like water and power(read electricity) immune to politics. i too
Back to top		\|
User Profile

solloh		#3 Posted : Saturday, August 08, 2009 3:48:00 PM
Rank: Member Joined: 6/21/2007 Posts: 20		Kengen intends to raise about 70 billion over the next 5 years to double its capacity through unreliable hydro and expensive geothermal. Why not just use the money to build thermal plants using coal ? We have sizeable unexploited coal deposits and I dont know of any industrial country which relies on hydro. Even Eskom in SA (kengens equivalent there) mainly uses thermal from coal. Our electricity is expensive because of hydro and geo-thermal . This green energy fad,wind and all the rest just means our people will remain poor because no right thinking company will set up shop in kenya money by the day
Back to top		\|
User Profile

simonkabz		#4 Posted : Monday, August 10, 2009 1:15:00 AM
Rank: Elder Joined: 3/2/2007 Posts: 8,776 Location: Cameroon		@solloh,isnt geothermal cheaper in the long run? Heard that we have potential to tap over 3000mw of geothermal power alone. If only mzungu left last month.... The only reason why some people are still alive is coz its illegal to shoot them!! TULIA.........UFUNZWE!
Back to top		\|
User Profile

mukiha		#5 Posted : Monday, August 10, 2009 7:14:00 AM
Rank: Elder Joined: 6/27/2008 Posts: 4,114		Interestingly,the privatisation of KenGen & KPLC is the main reason we DO NOT have enough elec!! Read one of last week's BD... GoK has been willing to pump tens of billions into both utilities but it can't because of CMA and NSE regulations!! So they have now set up two new parastatals - Kenya Elec Dist Co. and the Geothermal Dev. Co. Regarding Green energy,have you heard about the 300MW wind turbine project at Lake Turkana? They are now negotiating a PPA with KPLC. This is a fully private sector project. On completion,it will make Kenya the country with the largest propotion of renewable powered elec in the world...25% of grid....and wind is not as expensive as thermal. Regarding SA's elec: It is cheaper because their power generating plants and distribution lines are old and they have fully paid back their finance costs....not because they use coal (which they have huge deposits of,anyway). Ours are young and most still have hefty finance cost. Behind the gardens...Behind the wall...Under the tree (Including: Red...Dark Blue...Yellow) Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
Back to top		\|
User Profile

Brewer		#6 Posted : Monday, August 10, 2009 8:02:00 AM
Rank: Member Joined: 6/24/2008 Posts: 238		Mukiha,quite insightful. In other words,government is getting back to power generation to circumvent Kengen,while other players like the ones at the turkana project are outdoing kengen and taking the lead on alternative/green power generation. As a shareholder in Kengen,I should be worrying,right?
Back to top		\|
User Profile

The General		#7 Posted : Monday, August 10, 2009 2:31:00 PM
Rank: Member Joined: 6/3/2006 Posts: 553		The article was: 'States big return to power business' The thicker the thigh the sweeter the pie. The thicker the thigh the sweeter the pie.
Back to top		\|
User Profile

wote		#8 Posted : Monday, August 10, 2009 3:43:00 PM
Rank: Member Joined: 10/18/2007 Posts: 217		I know you guys will vilify me but so be it. The whole scenario of being without electricity and water is indeed a national shame. It shows how our so called policy maker lack fore sight,and that is four decades after independence. It also shows how clever Kenyans have really become,because if they were stupid they would demand such services to be offered before paying taxes. Three quarters of HongKong Island is reserved for conservation,rivers follow all over the place,no known minerals,use petroleum for electricity and yet they pay about one third for electricity use than their Kenya counter- parts. And that is in dollars terms. why is that so,because they are stupid and Kenyans are cleverer. Most countries have a master plan for their cities and towns more than twenty years a head. This is projected in terms of service delivery to its citizen,they do that because they are stupid,clever Kenyans do not need to do any planning. So because we are such clever people we probably deserve to be in the situation we are in. If we were stupid enough,may be we would demand to be colonized again and i can assure you that all the simply things like electricity,descent housing,clean drinking water,simply health facilities and impunity would be sorted. wote
Back to top		\|
User Profile

The General		#9 Posted : Tuesday, August 11, 2009 6:18:00 AM
Rank: Member Joined: 6/3/2006 Posts: 553		@ Wote, And you are the cleverest of us all.. You are able to see the 'real problems' that Kenya faces. The thicker the thigh the sweeter the pie. The thicker the thigh the sweeter the pie.
Back to top		\|
User Profile

wote		#10 Posted : Tuesday, August 11, 2009 7:34:00 AM
Rank: Member Joined: 10/18/2007 Posts: 217		The general,Because of my stupidity i have since sold off my house in Nairobi to a void paying for services that are never offered. the clever guy like your goodself deserve the situation you have invested in. On a light note,there is no power rationing in Mogadishu. wote
Back to top		\|
User Profile

2 Pages12>

Wazua » Investor » Stocks » Time to Fully Privitise KenGen & KPLC?

Forum Jump

You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Watch this topic
Print this topic

Normal
Threaded