Ericsson wrote:kawi254 wrote:LTWP
Power Purchase Agreement has below clause ..
"Kenyans will also have to contend with a 14 per cent inflation adjustment on the Sh8.6 per kWh as per the 20-year long Power Purchase Agreement struck between the wind farm and the government."
What does the 14% Inflation adjustment mean over a 20 year period?Is this a compound or simple interest adjustment every year? That would make the Wind Power more expensive than thermal. I think ERC/GoK/KPLC send rookies to negotiate these PPAs.
There is local shareholding so someone is going to benefit handsomely
It's gone live.. President launch to happen first week December
COOP 255,000 ABP 15.85; IMH 5,000 ABP 35.55; KQ 604,200 ABP 6.96; MTN 23,800 ABP 5.20