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KenGen HY 2017/2018
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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kawi254 wrote:
Kiambere dam has been spilling over hence floods in Tana River county but KenGen is issuing a spillover alert 24 Hrs later!
Why isn't Masinga dam level public data with weekly updates? I follow @WandileSihlobo a SA journalist who gives all SA dam levels on weekly basis and will compare year on year damn level for same date.
Data as provided on #SytemYaFacts
"NB:The minimum level at Masinga is set at 1037....after that you shut down the dam."
Pesa Nane plans to be shilingi when he grows up.
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Rank: Member Joined: 2/20/2015 Posts: 468 Location: Nairobi
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Pesa Nane wrote:kawi254 wrote:
Kiambere dam has been spilling over hence floods in Tana River county but KenGen is issuing a spillover alert 24 Hrs later!
Why isn't Masinga dam level public data with weekly updates? I follow @WandileSihlobo a SA journalist who gives all SA dam levels on weekly basis and will compare year on year damn level for same date.
Data as provided on #SytemYaFacts
"NB:The minimum level at Masinga is set at 1037....after that you shut down the dam."
Data only provided by Oleitumbi (PSCU) after public pressure on empty dams besides heavy rainfall.
Don't you think this data should be publicly available say weekly, monthly and would help you trade a share like KenGen whose profitability depends on amount of water in dams?
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Rank: Elder Joined: 12/4/2009 Posts: 10,820 Location: NAIROBI
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https://www.businessdail...arantee/4003110-4537700-
Dividend drought extension Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,820 Location: NAIROBI
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Garissa County government threatening to sue kengen over massive destruction
This follows spillage from kindaruma dam that left 2,000 people displaced
Masinga dam 6m shy of spillover. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 2/20/2015 Posts: 468 Location: Nairobi
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Ericsson wrote:Garissa County government threatening to sue kengen over massive destruction
This follows spillage from kindaruma dam that left 2,000 people displaced
Masinga dam 6m shy of spillover.
If the dams got full and broke there won't be anyone left in Garisa. Also the dams belong to TARDA. I must say though KenGen mismanaged this one - they normally give 24 - 48 Hrs notice before spillover
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Rank: Elder Joined: 12/4/2009 Posts: 10,820 Location: NAIROBI
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kawi254 wrote:Ericsson wrote:Garissa County government threatening to sue kengen over massive destruction
This follows spillage from kindaruma dam that left 2,000 people displaced
Masinga dam 6m shy of spillover.
If the dams got full and broke there won't be anyone left in Garisa. Also the dams belong to TARDA. I must say though KenGen mismanaged this one - they normally give 24 - 48 Hrs notice before spillover
They gave 48hrs notice though i agree this one they mismanaged reason being fuel cost levy is high so they didn't want people to know otherwise the public would have protested why hydro power is not being maximised Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 2/2/2012 Posts: 1,134 Location: Nairobi
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About 75% of KenGen revenue comes from "Capacity Charge", not "Energy supplied". As long as they have power plants ready to supply, they get paid - whether they do supply or not!
Their success hinges on cost containment and investment in new power plants.
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Rank: Elder Joined: 12/4/2009 Posts: 10,820 Location: NAIROBI
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PIC has increased its Shareholding to 13% Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Ericsson wrote:PIC has increased its Shareholding to 13%
Good news for shareholders. GOK should sell more of their stake to institutional investors to unlock the value of the counter. Life is short. Live passionately.
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Rank: Member Joined: 2/20/2015 Posts: 468 Location: Nairobi
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sparkly wrote:Ericsson wrote:PIC has increased its Shareholding to 13%
Good news for shareholders. GOK should sell more of their stake to institutional investors to unlock the value of the counter.
With 13% they deserve a board sit and hopefully they will get someone professional.
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