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Mumias Sugar huge demand
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dunkang
#701 Posted : Wednesday, July 23, 2014 3:56:20 PM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
Njung'e wrote:
penalties as contained in a skewed power purchase agreement. total f*uckup!!!.......bill is about 1b.

Very interesting.

So, we should be ready for the auction, i.e. Mumias can't survive all this debts and penalties. #UkweliUsemwe

For how long has Mumias been producing and selling power to KenGen?

Why would you sell power to KenGen, that re-sells to KPLC, then again you buy back from KPLC?

d'oh! Pray d'oh! Pray
Receive with simplicity everything that happens to you.” ― Rashi

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innovator
#702 Posted : Wednesday, July 23, 2014 4:15:49 PM
Rank: Member

Joined: 7/24/2010
Posts: 239
Location: nairobi
dunkang wrote:
Njung'e wrote:
penalties as contained in a skewed power purchase agreement. total f*uckup!!!.......bill is about 1b.

Very interesting.

So, we should be ready for the auction, i.e. Mumias can't survive all this debts and penalties. #UkweliUsemwe

For how long has Mumias been producing and selling power to KenGen?

Why would you sell power to KenGen, that re-sells to KPLC, then again you buy back from KPLC?

d'oh! Pray d'oh! Pray

Things are that bad, i thought mumias was selling excess power to kplc.
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mawinder
#703 Posted : Wednesday, July 23, 2014 4:27:37 PM
Rank: Elder

Joined: 4/30/2008
Posts: 6,029
innovator wrote:
dunkang wrote:
Njung'e wrote:
penalties as contained in a skewed power purchase agreement. total f*uckup!!!.......bill is about 1b.

Very interesting.

So, we should be ready for the auction, i.e. Mumias can't survive all this debts and penalties. #UkweliUsemwe

For how long has Mumias been producing and selling power to KenGen?

Why would you sell power to KenGen, that re-sells to KPLC, then again you buy back from KPLC?

d'oh! Pray d'oh! Pray

Things are that bad, i thought mumias was selling excess power to kplc.

Kenya Power killed Panpaper, now it should appoint a receiver to take over Mumias!!!!
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Tall Order
#704 Posted : Wednesday, July 23, 2014 4:35:42 PM
Rank: Member

Joined: 5/9/2014
Posts: 130
Location: Nairobi
Almighty, just help the driver of this Mumias Bus to find the way to the Sugar plantations and not the water in Lake Victoria or else the sugar will dissolve.
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murchr
#705 Posted : Wednesday, July 23, 2014 4:47:02 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
I wonder how the market will react to the news
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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Othelo
#706 Posted : Wednesday, July 23, 2014 4:50:13 PM
Rank: User

Joined: 1/20/2014
Posts: 3,528
Tall Order wrote:
Almighty, just help the driver of this Mumias Bus to find the way to the Sugar plantations and not the water in Lake Victoria or else the sugar will dissolve.

Hate speak!
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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streetwise
#707 Posted : Wednesday, July 23, 2014 5:32:57 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
And the share was just starting to pickup. Who the f**** is working to grab MSC through the back door
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mlennyma
#708 Posted : Wednesday, July 23, 2014 5:53:02 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Being broke even in our lives starts when you can pay stima in your house.
"Don't let the fear of losing be greater than the excitement of winning."
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YoungMulla
#709 Posted : Wednesday, July 23, 2014 6:06:00 PM
Rank: Member

Joined: 3/14/2012
Posts: 577
Location: Nairobi Kenya
This one needs popcorn and a couch
Before I die - i will touch the sky!!
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dunkang
#710 Posted : Wednesday, July 23, 2014 6:08:06 PM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
streetwise wrote:
And the share was just starting to pickup. Who the f**** is working to grab MSC through the back door

Wacha Kuji-console. MSC is DEAD.
Receive with simplicity everything that happens to you.” ― Rashi

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299 Pages«<6970717273>»
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