wazua Thu, Mar 19, 2026
Welcome Guest Search | Active Topics | Log In

43 Pages«<3839404142>»
Kenya Power HY 2019
Elephant Man
#391 Posted : Tuesday, March 09, 2021 12:47:20 PM
Rank: Member

Joined: 12/24/2008
Posts: 112
Ericsson wrote:
Elephant Man wrote:
[quote=VituVingiSana]Kenya Power ordered to pay electrocuted boy Sh15.7m
https://www.businessdail...ted-boy-sh15-7m-3316154[/quote]

Who are KPLC's insurers? Kenya-Re will have to pay part of this bill!


Insurance company is not involved in this.
The injury was due to negligence by Kenya power and they will pay using their own resources.



Didn't know that - what does negligence constitute?

My own experience is that KPLC's insurers paid me for damage to my appliances as a result of a power surge caused by a neighbour cutting down a tree that fell on their power lines. Who was negligent here?
Ericsson
#392 Posted : Tuesday, March 09, 2021 2:40:02 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Elephant Man wrote:
Ericsson wrote:
Elephant Man wrote:
[quote=VituVingiSana]Kenya Power ordered to pay electrocuted boy Sh15.7m
https://www.businessdail...ted-boy-sh15-7m-3316154[/quote]

Who are KPLC's insurers? Kenya-Re will have to pay part of this bill!


Insurance company is not involved in this.
The injury was due to negligence by Kenya power and they will pay using their own resources.



Didn't know that - what does negligence constitute?

My own experience is that KPLC's insurers paid me for damage to my appliances as a result of a power surge caused by a neighbour cutting down a tree that fell on their power lines. Who was negligent here?


KPLC
Live/Naked wire on the ground.

For your case one can come with an argument the tree fell due to an act of nature.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#393 Posted : Wednesday, March 10, 2021 12:04:18 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Ericsson wrote:
Elephant Man wrote:
Ericsson wrote:
Elephant Man wrote:
[quote=VituVingiSana]Kenya Power ordered to pay electrocuted boy Sh15.7m
https://www.businessdail...ted-boy-sh15-7m-3316154[/quote]

Who are KPLC's insurers? Kenya-Re will have to pay part of this bill!


Insurance company is not involved in this.
The injury was due to negligence by Kenya power and they will pay using their own resources.



Didn't know that - what does negligence constitute?

My own experience is that KPLC's insurers paid me for damage to my appliances as a result of a power surge caused by a neighbour cutting down a tree that fell on their power lines. Who was negligent here?


KPLC
Live/Naked wire on the ground.

For your case one can come with an argument the tree fell due to an act of nature.
"...caused by a neighbour cutting down a tree that fell on their power lines." Act of nature, aje?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#394 Posted : Wednesday, March 10, 2021 1:37:33 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
VituVingiSana wrote:
Ericsson wrote:
Elephant Man wrote:
Ericsson wrote:
Elephant Man wrote:
[quote=VituVingiSana]Kenya Power ordered to pay electrocuted boy Sh15.7m
https://www.businessdail...ted-boy-sh15-7m-3316154[/quote]

Who are KPLC's insurers? Kenya-Re will have to pay part of this bill!


Insurance company is not involved in this.
The injury was due to negligence by Kenya power and they will pay using their own resources.



Didn't know that - what does negligence constitute?

My own experience is that KPLC's insurers paid me for damage to my appliances as a result of a power surge caused by a neighbour cutting down a tree that fell on their power lines. Who was negligent here?


KPLC
Live/Naked wire on the ground.

For your case one can come with an argument the tree fell due to an act of nature.
"...caused by a neighbour cutting down a tree that fell on their power lines." Act of nature, aje?


Was referring to how the story can be framed for insurance company to pay
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
KaunganaDoDo
#395 Posted : Monday, March 15, 2021 7:53:56 AM
Rank: Member

Joined: 8/6/2018
Posts: 299
https://www.standardmedi...ower-deals-to-cut-costs

KPLC and the Government( National Treasury, AG and MOE) have started the process of renegotiation of PPAs with aim of saving Billions of shillings per year
Ericsson
#396 Posted : Monday, March 15, 2021 11:13:53 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
KaunganaDoDo wrote:
https://www.standardmedia.co.ke/business-news/article/2001406253/state-pushes-for-review-of-power-deals-to-cut-costs

KPLC and the Government( National Treasury, AG and MOE) have started the process of renegotiation of PPAs with aim of saving Billions of shillings per year


Dividend resumption earliest is 2026
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
HaMaina
#397 Posted : Wednesday, March 17, 2021 8:14:05 PM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
Broke Kenya Power needs bailout to stay afloat, audit reveals

“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
Ericsson
#398 Posted : Wednesday, March 17, 2021 8:23:52 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI


Expatriates coming with bailout cash and take over management under a world bank program coming soon
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
kawi254
#399 Posted : Tuesday, March 30, 2021 11:05:29 PM
Rank: Member

Joined: 2/20/2015
Posts: 468
Location: Nairobi
KaunganaDoDo wrote:
https://www.standardmedia.co.ke/business-news/article/2001406253/state-pushes-for-review-of-power-deals-to-cut-costs

KPLC and the Government( National Treasury, AG and MOE) have started the process of renegotiation of PPAs with aim of saving Billions of shillings per year


Can Kenya Power even with help of Kenya-1 wiggle itself out of PPAs? Kenya-1 at the beginning of his term paid Anglo leasing for delivering air to avoid negative credit rating before hitting the Eurobond market. Magufuli bulldozed his way in Tanzania to re-negotiate power PPAs..Kenya-1 is a "internation law respecter" i don't see him doing this.

1. In 2016 Energy ministry had a PPA review task force that "advised the government to let the contracts lapse on their own" to avoid paying heavy termination penalties. IMHO the GoK should let some of this PPAs ran out e.g Tsavo (Kipevu 2) 74 MW expires September 2021. Kipevu 1 60 MW expires 2023. 54 MW of Embakasi Gas turbine expire in 2021. Iberafrica 56 MW expired in 2019 The Kibaki/Kiraitu era negotiated thermal PPAs will be a real pain as they ran until 2035.



2. In 2021 Energy minister appoints another PPA review task force that is cancelled within hours (presumably the 'right' names were missing in the task force) only for President to appoint another PPA task force with same brief as in 2016 to give report in 6 months.

Why set up another task force in 2021 while there was another same same task force in 2016?

3. In 2012 World bank warns Kenya Power not to sign an onerous PPA with LTWP. “We believe that the take-or-pay provisions in the PPA between LTWP and KPLC would expose Kenya Power to unacceptably large financial risk given the possible curtailment,” That has come to pass - The swahili will say sikio la kufa haliskii dawa. If the LTWP generates 300MW at 2a.m when country is asleep and nobody needs that power you will pay for it...and wind power makes the grid unstable i.e depending on blowing wind you can move from 300MW to 100MW

4. Ormat (olkaria III - 150Mw) is under investigation in USA for possible corruption on it's PPA deals as it is paid at a much higher price/Kwh than KenGen's geothermal...could it be KenGen doesn't know how to negotiate for a good deal? Could also this investigation in USA be triggering the renewed PPA renegotiation energy?
Ericsson
#400 Posted : Wednesday, March 31, 2021 1:16:40 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
kawi254 wrote:
KaunganaDoDo wrote:
https://www.standardmedia.co.ke/business-news/article/2001406253/state-pushes-for-review-of-power-deals-to-cut-costs

KPLC and the Government( National Treasury, AG and MOE) have started the process of renegotiation of PPAs with aim of saving Billions of shillings per year


Can Kenya Power even with help of Kenya-1 wiggle itself out of PPAs? Kenya-1 at the beginning of his term paid Anglo leasing for delivering air to avoid negative credit rating before hitting the Eurobond market. Magufuli bulldozed his way in Tanzania to re-negotiate power PPAs..Kenya-1 is a "internation law respecter" i don't see him doing this.

1. In 2016 Energy ministry had a PPA review task force that "advised the government to let the contracts lapse on their own" to avoid paying heavy termination penalties. IMHO the GoK should let some of this PPAs ran out e.g Tsavo (Kipevu 2) 74 MW expires September 2021. Kipevu 1 60 MW expires 2023. 54 MW of Embakasi Gas turbine expire in 2021. Iberafrica 56 MW expired in 2019 The Kibaki/Kiraitu era negotiated thermal PPAs will be a real pain as they ran until 2035.



2. In 2021 Energy minister appoints another PPA review task force that is cancelled within hours (presumably the 'right' names were missing in the task force) only for President to appoint another PPA task force with same brief as in 2016 to give report in 6 months.

Why set up another task force in 2021 while there was another same same task force in 2016?

3. In 2012 World bank warns Kenya Power not to sign an onerous PPA with LTWP. “We believe that the take-or-pay provisions in the PPA between LTWP and KPLC would expose Kenya Power to unacceptably large financial risk given the possible curtailment,” That has come to pass - The swahili will say sikio la kufa haliskii dawa. If the LTWP generates 300MW at 2a.m when country is asleep and nobody needs that power you will pay for it...and wind power makes the grid unstable i.e depending on blowing wind you can move from 300MW to 100MW

4. Ormat (olkaria III - 150Mw) is under investigation in USA for possible corruption on it's PPA deals as it is paid at a much higher price/Kwh than KenGen's geothermal...could it be KenGen doesn't know how to negotiate for a good deal? Could also this investigation in USA be triggering the renewed PPA renegotiation energy?



The task force that has been setup is for status quo.The persons owning the IPPs are untouchable
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
43 Pages«<3839404142>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.