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Kenya Power HY 2019
Balaa
#41 Posted : Sunday, June 30, 2019 10:09:54 AM
Rank: Member

Joined: 7/6/2018
Posts: 175
Location: Kinshasa
sparkly wrote:
kenyan2019 wrote:
DCI Kinoti probes Sh150b fraud at Kenya Power https://www.standardmedi...0b-fraud-at-kenya-power #GeorgeKinoti


Fraud been going on from 2014. Uncovered after hand shake. Sawa tu.


What the DCI is ostensibly not telling us is that a number of key gate keepers either slept on their jobs or abated these orchestrated economic crimes. For example, what is the role of Internal Audit units at Treasury and KPLC?
Have we really seen the last of such fraud?It is interesting that everytime there is an issue, another one seems to crop up and attention is shifted to the fresh "flavor of the month". Think about it...just the other day attention was focused on a governor from Rift Valley participating in uprooting tea from private land...then VP "assassination" allegations come up (The governor in question is coincidentally a strong supporter of the VP)...now KPLC (once again)...what next?
If it don't make dollars, it don't make sense
KaunganaDoDo
#42 Posted : Tuesday, August 13, 2019 9:12:11 AM
Rank: Member

Joined: 8/6/2018
Posts: 299
BKB wrote:
Up 10%

low volumes traded

Supply 0

Anything cooking over here...


MORE BAD NEWS coming from this counter this August...Legacy Malaise ....Kitchen Sink...SADNESS...Balls of steel
VyaBureSiachi
#43 Posted : Friday, August 16, 2019 10:40:57 AM
Rank: New-farer

Joined: 2/27/2018
Posts: 59
Location: Cambrian Dc
I suppose that these guys are not in a position to come and rescue us in kplc. We are in for the long haul..

https://www.cnbc.com/201...-on-its-accounting.html
If the radiance of a thousand suns were to burst at once into the sky that would be like the splendour of the mighty one.
Extraterrestrial
#44 Posted : Thursday, September 05, 2019 11:13:51 AM
Rank: Member

Joined: 11/17/2018
Posts: 173
Location: Mars
Kenya Power seeking upward tariff review, which EPRA is most likely to reject.
Ericsson
#45 Posted : Thursday, September 05, 2019 12:16:18 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Extraterrestrial wrote:
Kenya Power seeking upward tariff review, which EPRA is most likely to reject.


https://www.businessdail...1294-np08e7z/index.html

KPLC wants the lifeline tariff to be done away with
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
kawi254
#46 Posted : Thursday, September 05, 2019 2:45:36 PM
Rank: Member

Joined: 2/20/2015
Posts: 468
Location: Nairobi
Ericsson wrote:
Extraterrestrial wrote:
Kenya Power seeking upward tariff review, which EPRA is most likely to reject.


https://www.businessdail...1294-np08e7z/index.html

KPLC wants the lifeline tariff to be done away with



Lifeline tariff was political Uhurunomics.

Kenya Power is selling power below cost...not sustainable.
Extraterrestrial
#47 Posted : Thursday, September 05, 2019 4:23:58 PM
Rank: Member

Joined: 11/17/2018
Posts: 173
Location: Mars
kawi254 wrote:
Ericsson wrote:
Extraterrestrial wrote:
Kenya Power seeking upward tariff review, which EPRA is most likely to reject.


https://www.businessdail...1294-np08e7z/index.html

KPLC wants the lifeline tariff to be done away with



Lifeline tariff was political Uhurunomics.

Kenya Power is selling power below cost...not sustainable.


Actually the net cost per unit in FY17/18 was Sh6.06. It is the cost of operations that is ballooning and which they are desperately trying to cover.
Ericsson
#48 Posted : Friday, September 06, 2019 7:15:00 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
https://www.capitalfm.co...gy-in-off-grid-stations/
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
KaunganaDoDo
#49 Posted : Friday, September 06, 2019 10:22:54 AM
Rank: Member

Joined: 8/6/2018
Posts: 299
Ericsson wrote:
https://www.capitalfm.co.ke/business/2019/09/kenya-power-commits-sh700-million-for-renewable-energy-in-off-grid-stations/


This is a worldbank supported project, to be operated by KPLC, though owned by REREC on behalf of the government, KENYA OFF GRID SOLAR PROJECT.
kawi254
#50 Posted : Friday, September 06, 2019 11:08:51 AM
Rank: Member

Joined: 2/20/2015
Posts: 468
Location: Nairobi
Extraterrestrial wrote:
kawi254 wrote:
Ericsson wrote:
Extraterrestrial wrote:
Kenya Power seeking upward tariff review, which EPRA is most likely to reject.


https://www.businessdail...1294-np08e7z/index.html

KPLC wants the lifeline tariff to be done away with



Lifeline tariff was political Uhurunomics.

Kenya Power is selling power below cost...not sustainable.


Actually the net cost per unit in FY17/18 was Sh6.06. It is the cost of operations that is ballooning and which they are desperately trying to cover.


The Feed In Tariff (FiT) (US $/Kwh) for project above 10MW:
Hydro = 0.0825 (Kengen is paid much less for Hydro)
Wind = 0.11
Geothermal = 0.088

With Geothermal making bulk of power produced at an average of KES 9/Kwh + Transmission costs + KPLC margin + Expensive thermal costs (thermal PPAs not public) then i doubt net cost can be below KES 10/Kwh .

In-fact the bulk power purchased by large industries/consumers at around KES 8/Kwh is also below cost. Looks like the middle class subsidize everyone i.e large manufactures + Lifeline consumers.
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