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KenGen HY 2019
Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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kawi254 wrote:FUNKY wrote:https://www.businessdailyafrica.com/corporate/companies/KenGen-City-Hall-pen-deal-power-from-garbage/4003102-5614118-9yuuhuz/index.html only the consultants conducting feasibility studies on the viability of the many 'fantasy' projects are making money. The dams are still full & geothermal power is being curtailed...if only KenGen can just focus and generate ROI for the shareholder..Ooops, the main shareholder doesn't care for a return on investment. Kenya power is not signing power purchase agreements. Can they take advantage of a clause in the terms of the loans they have to do hasten repayment by paying more? Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Turkwell dam on the brink of overflowing Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 3/16/2019 Posts: 313
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murchr wrote:kawi254 wrote:FUNKY wrote:https://www.businessdailyafrica.com/corporate/companies/KenGen-City-Hall-pen-deal-power-from-garbage/4003102-5614118-9yuuhuz/index.html only the consultants conducting feasibility studies on the viability of the many 'fantasy' projects are making money. The dams are still full & geothermal power is being curtailed...if only KenGen can just focus and generate ROI for the shareholder..Ooops, the main shareholder doesn't care for a return on investment. Sad, but thinking of future, this may not be bad it's currently happening in ET KEGN should sit this one out. This is not the first time that a powerplant using generated biogas (mostly methane) has been proposed. All similar attempts have failed miserably due to graft allegations. LINKQuote: “Most of the companies that applied for the project were just briefcase firms. When we sat down and inquired on their expertise and what they could do for the county we could not get any that was capable and serious of setting up the plant,” said Mr Wambua.
“The dumpsite has been converted to a shop where every regime that comes to leadership focuses on the business aspect that the dumpsite can offer. We saw how the former regime led by Evans Kidero mint millions from the site,” said Mr Kuria.
Some years back someone took test equipment to the dumpsite and concluded from tests that the methane gas yield from the dumpsite was insufficient to support a power plant since the garbage was not sorted. Both organic and inorganic waste are mixed together hence the low yield. It is the organic waste that decomposes to release methane gas. It was proposed that a solid waste master plan that encourages garbage sorting is implemented to give the project any viability. This project should be implemented as a private enterprise with the owner taking all the risk.
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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kmucheke wrote:murchr wrote:kawi254 wrote:FUNKY wrote:https://www.businessdailyafrica.com/corporate/companies/KenGen-City-Hall-pen-deal-power-from-garbage/4003102-5614118-9yuuhuz/index.html only the consultants conducting feasibility studies on the viability of the many 'fantasy' projects are making money. The dams are still full & geothermal power is being curtailed...if only KenGen can just focus and generate ROI for the shareholder..Ooops, the main shareholder doesn't care for a return on investment. Sad, but thinking of future, this may not be bad it's currently happening in ET KEGN should sit this one out. This is not the first time that a powerplant using generated biogas (mostly methane) has been proposed. All similar attempts have failed miserably due to graft allegations. LINKQuote: “Most of the companies that applied for the project were just briefcase firms. When we sat down and inquired on their expertise and what they could do for the county we could not get any that was capable and serious of setting up the plant,” said Mr Wambua.
“The dumpsite has been converted to a shop where every regime that comes to leadership focuses on the business aspect that the dumpsite can offer. We saw how the former regime led by Evans Kidero mint millions from the site,” said Mr Kuria.
Some years back someone took test equipment to the dumpsite and concluded from tests that the methane gas yield from the dumpsite was insufficient to support a power plant since the garbage was not sorted. Both organic and inorganic waste are mixed together hence the low yield. It is the organic waste that decomposes to release methane gas. It was proposed that a solid waste master plan that encourages garbage sorting is implemented to give the project any viability. This project should be implemented as a private enterprise with the owner taking all the risk. Does methane production matter if the garbage is incinerated? Can't some of the metals be separated beforehand? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 3/16/2019 Posts: 313
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VituVingiSana wrote:kmucheke wrote:murchr wrote:kawi254 wrote:FUNKY wrote:https://www.businessdailyafrica.com/corporate/companies/KenGen-City-Hall-pen-deal-power-from-garbage/4003102-5614118-9yuuhuz/index.html only the consultants conducting feasibility studies on the viability of the many 'fantasy' projects are making money. The dams are still full & geothermal power is being curtailed...if only KenGen can just focus and generate ROI for the shareholder..Ooops, the main shareholder doesn't care for a return on investment. Sad, but thinking of future, this may not be bad it's currently happening in ET KEGN should sit this one out. This is not the first time that a powerplant using generated biogas (mostly methane) has been proposed. All similar attempts have failed miserably due to graft allegations. LINKQuote: “Most of the companies that applied for the project were just briefcase firms. When we sat down and inquired on their expertise and what they could do for the county we could not get any that was capable and serious of setting up the plant,” said Mr Wambua.
“The dumpsite has been converted to a shop where every regime that comes to leadership focuses on the business aspect that the dumpsite can offer. We saw how the former regime led by Evans Kidero mint millions from the site,” said Mr Kuria.
Some years back someone took test equipment to the dumpsite and concluded from tests that the methane gas yield from the dumpsite was insufficient to support a power plant since the garbage was not sorted. Both organic and inorganic waste are mixed together hence the low yield. It is the organic waste that decomposes to release methane gas. It was proposed that a solid waste master plan that encourages garbage sorting is implemented to give the project any viability. This project should be implemented as a private enterprise with the owner taking all the risk. Does methane production matter if the garbage is incinerated? Can't some of the metals be separated beforehand? There are two ways to produce electricity from waste.
- Incinerate the organic waste to produce heat energy to boil water and the resultant steam used drive turbines. This assumes the waste is combustible. E.g waste from sugar, wood or paper mills. This assumes the waste is combustible.
- Generate a combustible fuel from the waste material. For example decomposition of waste to produce biogas (mostly methane) which can be used as a fuel
If they go for option 1 of incineration the methane production does not matter. But looking at Dandora landfill most of the waste looks domestic and market waste. Most likely the waste would require a lot of heat energy just to start the combustion process. Also from the pungent smell at the dump, I think methane production is best. With incineration you have to contend with toxic emissions. You are right on the separation part,whichever method they opt for, the waste must be separated or sorted beforehand.
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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kmucheke wrote:VituVingiSana wrote:kmucheke wrote:murchr wrote:kawi254 wrote:FUNKY wrote:https://www.businessdailyafrica.com/corporate/companies/KenGen-City-Hall-pen-deal-power-from-garbage/4003102-5614118-9yuuhuz/index.html only the consultants conducting feasibility studies on the viability of the many 'fantasy' projects are making money. The dams are still full & geothermal power is being curtailed...if only KenGen can just focus and generate ROI for the shareholder..Ooops, the main shareholder doesn't care for a return on investment. Sad, but thinking of future, this may not be bad it's currently happening in ET KEGN should sit this one out. This is not the first time that a powerplant using generated biogas (mostly methane) has been proposed. All similar attempts have failed miserably due to graft allegations. LINKQuote: “Most of the companies that applied for the project were just briefcase firms. When we sat down and inquired on their expertise and what they could do for the county we could not get any that was capable and serious of setting up the plant,” said Mr Wambua.
“The dumpsite has been converted to a shop where every regime that comes to leadership focuses on the business aspect that the dumpsite can offer. We saw how the former regime led by Evans Kidero mint millions from the site,” said Mr Kuria.
Some years back someone took test equipment to the dumpsite and concluded from tests that the methane gas yield from the dumpsite was insufficient to support a power plant since the garbage was not sorted. Both organic and inorganic waste are mixed together hence the low yield. It is the organic waste that decomposes to release methane gas. It was proposed that a solid waste master plan that encourages garbage sorting is implemented to give the project any viability. This project should be implemented as a private enterprise with the owner taking all the risk. Does methane production matter if the garbage is incinerated? Can't some of the metals be separated beforehand? There are two ways to produce electricity from waste.
- Incinerate the organic waste to produce heat energy to boil water and the resultant steam used drive turbines. This assumes the waste is combustible. E.g waste from sugar, wood or paper mills. This assumes the waste is combustible.
- Generate a combustible fuel from the waste material. For example decomposition of waste to produce biogas (mostly methane) which can be used as a fuel
If they go for option 1 of incineration the methane production does not matter. But looking at Dandora landfill most of the waste looks domestic and market waste. Most likely the waste would require a lot of heat energy just to start the combustion process. Also from the pungent smell at the dump, I think methane production is best. With incineration you have to contend with toxic emissions. You are right on the separation part,whichever method they opt for, the waste must be separated or sorted beforehand. You said " Some years back someone took test equipment to the dumpsite and concluded from tests that the methane gas yield from the dumpsite was insufficient to support a power plant since the garbage was not sorted." 1) Then isn't the only option incineration with the attendant downsides? 2) Just as it takes energy to start a fire/combustion (matchstick, rubbing 2 pieces of wood) once it has started, isn't it then self-sustaining as long as the raw material (garbage) is fed to it? Future waste management can be changed to incorporate waste separation (& methane production) but for now there's a lot of waste that needs to be handled. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/20/2007 Posts: 2,037 Location: Lagos, Nigeria
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PERSONAL PROJECTION KENGEN DIVIDEND 2019 & 2020 AFTER AG AUDIT 1. Best Case Scenerio 2019 payout:- 0.40 per share 2020 payout:- NIL 2. Worst Case Scenerio 2019 payout:- Nil 2020 payout:- Nil Note:- I am KENGEN shareholder. Events will unfold in Oct after audit The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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young wrote:PERSONAL PROJECTION KENGEN DIVIDEND 2019 & 2020 AFTER AG AUDIT
1. Best Case Scenerio 2019 payout:- 0.40 per share 2020 payout:- NIL
2. Worst Case Scenerio 2019 payout:- Nil 2020 payout:- Nil
Note:- I am KENGEN shareholder. Events will unfold in Oct after audit 3.Better Case Scenario 2019 payout :-0.40 per share 2020 payout :-0.40 per share If they do this it will be a miracle Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 3/16/2019 Posts: 313
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VituVingiSana wrote:kmucheke wrote:VituVingiSana wrote:kmucheke wrote:murchr wrote:kawi254 wrote:FUNKY wrote:https://www.businessdailyafrica.com/corporate/companies/KenGen-City-Hall-pen-deal-power-from-garbage/4003102-5614118-9yuuhuz/index.html only the consultants conducting feasibility studies on the viability of the many 'fantasy' projects are making money. The dams are still full & geothermal power is being curtailed...if only KenGen can just focus and generate ROI for the shareholder..Ooops, the main shareholder doesn't care for a return on investment. Sad, but thinking of future, this may not be bad it's currently happening in ET KEGN should sit this one out. This is not the first time that a powerplant using generated biogas (mostly methane) has been proposed. All similar attempts have failed miserably due to graft allegations. LINKQuote: “Most of the companies that applied for the project were just briefcase firms. When we sat down and inquired on their expertise and what they could do for the county we could not get any that was capable and serious of setting up the plant,” said Mr Wambua.
“The dumpsite has been converted to a shop where every regime that comes to leadership focuses on the business aspect that the dumpsite can offer. We saw how the former regime led by Evans Kidero mint millions from the site,” said Mr Kuria.
Some years back someone took test equipment to the dumpsite and concluded from tests that the methane gas yield from the dumpsite was insufficient to support a power plant since the garbage was not sorted. Both organic and inorganic waste are mixed together hence the low yield. It is the organic waste that decomposes to release methane gas. It was proposed that a solid waste master plan that encourages garbage sorting is implemented to give the project any viability. This project should be implemented as a private enterprise with the owner taking all the risk. Does methane production matter if the garbage is incinerated? Can't some of the metals be separated beforehand? There are two ways to produce electricity from waste.
- Incinerate the organic waste to produce heat energy to boil water and the resultant steam used drive turbines. This assumes the waste is combustible. E.g waste from sugar, wood or paper mills. This assumes the waste is combustible.
- Generate a combustible fuel from the waste material. For example decomposition of waste to produce biogas (mostly methane) which can be used as a fuel
If they go for option 1 of incineration the methane production does not matter. But looking at Dandora landfill most of the waste looks domestic and market waste. Most likely the waste would require a lot of heat energy just to start the combustion process. Also from the pungent smell at the dump, I think methane production is best. With incineration you have to contend with toxic emissions. You are right on the separation part,whichever method they opt for, the waste must be separated or sorted beforehand. You said " Some years back someone took test equipment to the dumpsite and concluded from tests that the methane gas yield from the dumpsite was insufficient to support a power plant since the garbage was not sorted." 1) Then isn't the only option incineration with the attendant downsides? 2) Just as it takes energy to start a fire/combustion (matchstick, rubbing 2 pieces of wood) once it has started, isn't it then self-sustaining as long as the raw material (garbage) is fed to it? Future waste management can be changed to incorporate waste separation (& methane production) but for now there's a lot of waste that needs to be handled. Very valid points you have raised. It is important to note that there are many technologies for converting waste to energy. It makes sense to incinerate the existing garbage and later switch to a more environmental friendly sustainable technology. You can find an evaluation study here. Quote:The evaluation results reveal that the biological methods are best suited for the waste to energy conversion with least degradation of the environment. Other methods such as incineration, pyrolysis and gasification are quite efficient and give a high yield but they harm the environment in the form of harmful gaseous emissions which certainly lead to global warming and greenhouse effect.
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Market Cap Trainers @NSE_Investors · 2m It's shocking! Amazing Kengen has declared a kes 0.25 dividend per share for financial year ended 30 June 2019:Book closure will be on 22 October 2020.Psyment shall be on 7 December 2020.
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Rebecca Miana reappointed as MD for another three years Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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FUNKY wrote:Market Cap Trainers @NSE_Investors · 2m It's shocking! Amazing Kengen has declared a kes 0.25 dividend per share for financial year ended 30 June 2019:Book closure will be on 22 October 2020.Psyment shall be on 7 December 2020. AGM to be held on 22 October. Dividend to be paid on or about 17 December 2020 Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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FUNKY wrote:Market Cap Trainers @NSE_Investors · 2m It's shocking! Amazing Kengen has declared a kes 0.25 dividend per share for financial year ended 30 June 2019:Book closure will be on 22 October 2020.Psyment shall be on 7 December 2020. AGM to be held on 22 October. Dividend to be paid on or about 17 December 2020 Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 11/17/2018 Posts: 173 Location: Mars
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The dividend was reduced due to reintroduction of compensating tax which strikes in the year of distribution.
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Rank: Elder Joined: 6/20/2007 Posts: 2,037 Location: Lagos, Nigeria
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Extraterrestrial wrote:The dividend was reduced due to reintroduction of compensating tax which strikes in the year of distribution. This implies that 2019/2020 dividends is very unlikely due to covid irrespective of salutary HY 2020 results earlier released. https://citizentv.co.ke/...llion-dividends-343895/
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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https://af.reuters.com/a...cty-idAFKBN2662MI-OZABS
Kengen is seeking a transaction adviser for the sale of certified carbon reduction units. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Consumers pay the price as Covid electricity cuts hit Turkana projectKenya Power has rationed the amount of electricity it can take from producers, citing a slump in demand resulting from months of economic lockdown on account of the Covid-19 pandemic. LTWP has been allocated a maximum production quota of 210MW, against an installed capacity of 310MW. Kenya Power has prioritised the uptake of geothermal at 39.5 per cent, hydro at 33.9 per cent, wind at 14 per cent, diesel at 9.7 per cent with other sources like solar, imports from Uganda and co-generation accounting for about three per cent. Main beneficiaryThis arrangement has meant that Kenya Electricity Generating Company (KenGen), which is the sole producer of geothermal and hydro, is the main beneficiary. The impact of Covid-19 has resulted in peak demand declining to an average of 1,760 MW. As such, Kenya Power is limiting the amount of electricity it is buying from each producer. Data from the national control centre shows that over the past two weeks, consumption has averaged 1,765 MW against a projected demand of 1,930 MW. https://www.theeastafric...-turkana-project-1939124Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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FY2020 results loading. To be released last week of October. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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Djibouti with renewable energy potential of 300MW,only relies on 126Mw of thermal energy of which only 57MW is available for use by the 940000 population. Owing to the high cost of power 0.28usd/kwh Djibouti Office for Geothermal Development(ODDEG) has completed negotiations with KENGEN to spearhead the geothermal energy move in the Galla Le Kome field. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 2/20/2015 Posts: 467 Location: Nairobi
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AGM is on Oct 22, 2020. When are they publishing the INTEGRATED ANNUAL REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2019 ?
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