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Kenya Power - what's the latest?
GGK
#16 Posted : Monday, March 18, 2013 1:37:30 AM
Rank: Member

Joined: 11/21/2006
Posts: 608
Location: Ruiru
unrelated...
KPLC must find the going tough once the new regime settles. I guess they may have their earnings reduced as ERC reign on them as the did to oil sector as the Kenyatta II administration implement some populist policies.

What do others think? Are the profitability levels sustainable in the long lung in the backdrop of popular view that power is way "too expensive " in Kenya?
"..I am because we are. "― Ubuntu, Umtu,
guru267
#17 Posted : Monday, March 18, 2013 5:43:27 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
GGK wrote:
unrelated...
KPLC must find the going tough once the new regime settles. I guess they may have their earnings reduced as ERC reign on them as the did to oil sector as the Kenyatta II administration implement some populist policies.

What do others think? Are the profitability levels sustainable in the long lung in the backdrop of popular view that power is way "too expensive " in Kenya?


The law guarantees Kenya Power a minimum "Return on Assets" to allow for sustainable operations..

So with higher debt/assets expect higher returns/tariffs!
Mark 12:29
Deuteronomy 4:16
mlennyma
#18 Posted : Tuesday, March 19, 2013 9:18:36 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Where is the dividend?are they broke?
"Don't let the fear of losing be greater than the excitement of winning."
Lolest!
#19 Posted : Tuesday, March 19, 2013 9:33:00 AM
Rank: Elder

Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
mlennyma wrote:
Where is the dividend?are they broke?

Received mine last week
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
mwenza
#20 Posted : Monday, April 15, 2013 10:29:25 AM
Rank: Elder

Joined: 4/22/2009
Posts: 2,863
Looks like I will never get the dividend cheque this year. Anybody in the same boat?
Could somebody please give me the contacts for their registrar?
IF YOU EXPECT ME TO POST ANYTHING POSITIVE ABOUT ASENO, YOU MAY AS WELL SIT ON A PIN
mwenza
#21 Posted : Monday, April 15, 2013 5:15:51 PM
Rank: Elder

Joined: 4/22/2009
Posts: 2,863
mwenza wrote:
Looks like I will never get the dividend cheque this year. Anybody in the same boat?
Could somebody please give me the contacts for their registrar?


Am I suffering alone?
IF YOU EXPECT ME TO POST ANYTHING POSITIVE ABOUT ASENO, YOU MAY AS WELL SIT ON A PIN
sparkly
#22 Posted : Monday, April 15, 2013 9:21:06 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Kenya Power needs to drop either Kenya or Power from its name:

Kenya- Its an embarassment to our country, sending bills on time but most of the times there is no power. Now everybody has installed a back up generator.

Power - they are now selling darkness. Thats what i get more than 50% 8f the time.
Life is short. Live passionately.
sparkly
#23 Posted : Monday, April 15, 2013 9:38:38 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Deleted
Life is short. Live passionately.
2012
#24 Posted : Tuesday, April 16, 2013 8:59:21 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
sparkly wrote:
Kenya Power needs to drop either Kenya or Power from its name:

Kenya- Its an embarassment to our country, sending bills on time but most of the times there is no power. Now everybody has installed a back up generator.

Power - they are now selling darkness. Thats what i get more than 50% 8f the time.


We cannot achieve 2030 with companies like KPLC. After being there for 100 years it's shocking that they should still can't perform the one and only duty they are tasked with. We have Counties talking of 24hrs economies yet KPLC can't provide electricity for more than 1 hour a day.

BBI will solve it
:)
VituVingiSana
#25 Posted : Tuesday, April 16, 2013 4:58:30 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,342
Location: Nairobi
2012 wrote:
sparkly wrote:
Kenya Power needs to drop either Kenya or Power from its name:

Kenya- Its an embarassment to our country, sending bills on time but most of the times there is no power. Now everybody has installed a back up generator.

Power - they are now selling darkness. Thats what i get more than 50% 8f the time.


We cannot achieve 2030 with companies like KPLC. After being there for 100 years it's shocking that they should still can't perform the one and only duty they are tasked with. We have Counties talking of 24hrs economies yet KPLC can't provide electricity for more than 1 hour a day.
Wow! KPLC has been around since 1913? I had no idea.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
youcan'tstopusnow
#26 Posted : Tuesday, April 16, 2013 5:09:54 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
VituVingiSana wrote:
2012 wrote:
sparkly wrote:
Kenya Power needs to drop either Kenya or Power from its name:

Kenya- Its an embarassment to our country, sending bills on time but most of the times there is no power. Now everybody has installed a back up generator.

Power - they are now selling darkness. Thats what i get more than 50% 8f the time.


We cannot achieve 2030 with companies like KPLC. After being there for 100 years it's shocking that they should still can't perform the one and only duty they are tasked with. We have Counties talking of 24hrs economies yet KPLC can't provide electricity for more than 1 hour a day.
Wow! KPLC has been around since 1913? I had no idea.

History and Milestones

1875: Seyyied Bargash, the Sultan of Zanzibar, acquires a generator to light his palace and nearby streets.

1908: Harrali Esmailjee Jeevanjee, a wealthy merchant in Mombasa, acquires the generator and transfers it to the Mombasa Electric Power and Lighting Company.

1908: Around the same time, an engineer, Mr Clement Hertzel, is granted the exclusive right to supply electricity to the then district and town of Nairobi. This leads to the formation of the Nairobi Power and Lighting Syndicate.

1922: The two utilities in Nairobi and Mombasa are merged under a new company incorporated as the East African Power and Lighting Company (EAP&L).

1932: EAP&L acquires a controlling interest in the Tanganyika Electricity Supply Company Limited (TANESCO).

1936: EAP&L obtains generating and distribution licenses for Uganda, thereby entrenching its presence in the East African region.

1948: The Uganda Electricity Board (UEB) is established by the Ugandan Government to take over distribution of electricity in the country.

1954: The Kenya Power Company (KPC) is created - to be managed by EAP&L - for the purpose of transmitting power from Uganda through the Tororo-Juja line.

1964: EAP&L sells its majority stockholding in TANESCO to the Government of Tanzania.

1983: With its operations confined only to Kenya, EAP&L is renamed The Kenya Power and Lighting Company Limited (KPLC).

1997: The functions of generation are split from transmission and distribution. The Kenya Power Company, which has been under the management of KPLC since 1954, becomes a separate entity responsible for public-funded power generation projects.

1998: The Kenya Power Company is re-launched as the Kenya Electricity Generating Company (KenGen).

2004: The Energy Sector Recovery Project (ESRP) is started to rehabilitate and reinforce the transmission and distribution network in order to improve the quality and reliability of supply, reduce system losses and increase access to electricity.

2007: Rural Electrification Authority (REA) is established to speed up the implementation pace of the rural electrification programme.

2008: Kenya Electricity Transmission Company (KETRACO) is incorporated by the government to accelerate transmission infrastructure development.

2008: The government incorporates the Geothermal Development Company tasked with developing steam fields to reduce upstream power development risks so as to promote rapid development of geothermal electric power.

2011: The Kenya Power and Lighting Company rebrands to Kenya Power.
GOD BLESS YOUR LIFE
streetwise
#27 Posted : Tuesday, April 16, 2013 5:44:02 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
some interesting stuff:

Have you noticed when power goes off the users just sit and wait they have no expectation when it will come back..

What about guys on motorbikes goeing around to take meter readings..I am sure kplc can in some way know your consumption remotely...

If such effiecicies are employed we may even pay lower bills..

thuks
#28 Posted : Wednesday, April 17, 2013 7:49:56 AM
Rank: Veteran

Joined: 10/8/2008
Posts: 1,575
streetwise wrote:
some interesting stuff:

Have you noticed when power goes off the users just sit and wait they have no expectation when it will come back..

What about guys on motorbikes goeing around to take meter readings..I am sure kplc can in some way know your consumption remotely...

If such effiecicies are employed we may even pay lower bills..



You want to finis some people?
I care!
VituVingiSana
#29 Posted : Wednesday, April 17, 2013 12:51:02 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,342
Location: Nairobi
youcan'tstopusnow wrote:
VituVingiSana wrote:
2012 wrote:
sparkly wrote:
Kenya Power needs to drop either Kenya or Power from its name:

Kenya- Its an embarassment to our country, sending bills on time but most of the times there is no power. Now everybody has installed a back up generator.

Power - they are now selling darkness. Thats what i get more than 50% 8f the time.


We cannot achieve 2030 with companies like KPLC. After being there for 100 years it's shocking that they should still can't perform the one and only duty they are tasked with. We have Counties talking of 24hrs economies yet KPLC can't provide electricity for more than 1 hour a day.
Wow! KPLC has been around since 1913? I had no idea.

History and Milestones

1875: Seyyied Bargash, the Sultan of Zanzibar, acquires a generator to light his palace and nearby streets.

1908: Harrali Esmailjee Jeevanjee, a wealthy merchant in Mombasa, acquires the generator and transfers it to the Mombasa Electric Power and Lighting Company.

1908: Around the same time, an engineer, Mr Clement Hertzel, is granted the exclusive right to supply electricity to the then district and town of Nairobi. This leads to the formation of the Nairobi Power and Lighting Syndicate.

1922: The two utilities in Nairobi and Mombasa are merged under a new company incorporated as the East African Power and Lighting Company (EAP&L).

1932: EAP&L acquires a controlling interest in the Tanganyika Electricity Supply Company Limited (TANESCO).

1936: EAP&L obtains generating and distribution licenses for Uganda, thereby entrenching its presence in the East African region.

1948: The Uganda Electricity Board (UEB) is established by the Ugandan Government to take over distribution of electricity in the country.

1954: The Kenya Power Company (KPC) is created - to be managed by EAP&L - for the purpose of transmitting power from Uganda through the Tororo-Juja line.

1964: EAP&L sells its majority stockholding in TANESCO to the Government of Tanzania.

1983: With its operations confined only to Kenya, EAP&L is renamed The Kenya Power and Lighting Company Limited (KPLC).

1997: The functions of generation are split from transmission and distribution. The Kenya Power Company, which has been under the management of KPLC since 1954, becomes a separate entity responsible for public-funded power generation projects.

1998: The Kenya Power Company is re-launched as the Kenya Electricity Generating Company (KenGen).

2004: The Energy Sector Recovery Project (ESRP) is started to rehabilitate and reinforce the transmission and distribution network in order to improve the quality and reliability of supply, reduce system losses and increase access to electricity.

2007: Rural Electrification Authority (REA) is established to speed up the implementation pace of the rural electrification programme.

2008: Kenya Electricity Transmission Company (KETRACO) is incorporated by the government to accelerate transmission infrastructure development.

2008: The government incorporates the Geothermal Development Company tasked with developing steam fields to reduce upstream power development risks so as to promote rapid development of geothermal electric power.

2011: The Kenya Power and Lighting Company rebrands to Kenya Power.
Nice!!! If there was a graph of the ups & downs... The downs started with moi's regime aided by Samuel Gichuru.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
2012
#30 Posted : Thursday, April 18, 2013 11:16:01 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
There's a reason why you don't let engineers become CEOs of a service providing companies mainly because you don't want them to open their mouths.

How can the KPLC CEO call a media conference to apologize for offering bad service? You never do that especially not for a company that has been in existence for decades! You explain the situation and remedy then give guarantees. Period. These guys need to hire a PR expert!


VituVingiSana wrote:
Nice!!! If there was a graph of the ups & downs... The downs started with moi's regime aided by Samuel Gichuru.


This guy is a crook even in Jersey!

BBI will solve it
:)
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