@Ericson, geothermal is the cheapest not hydro

@murchr;That is what u have been lied and u have believed it.
Ethiopia is going to sell to us their 400MW hydro power at a much cheaper price than the geothermal we are building.
Even Nyoike agreed to that fact.
Nothing is cheaper in this world than water and air;they are free even extracting them

@murchr:Even the geothermal wells get dried up or steam ends.
Wacha kudanganywa na the media and reports here reports there.
Even here in kenya River Yala never dries up a powe station can also be put there

[quote=hisah]The Kengen vs KPLC play i.e buy kengen, sell kplc has just been rubberstamped. KPLC has been thrown under the bus. It faces too much political barriers.

http://www.businessdaily...-/1517y40z/-/index.html[/quote]

On the power tariffs Kengen and KPLc are joined at the hip. By throwing KPLC under the bus kengen will also come out bruised. The key reason for the power tariffs review was because kplc had entered into contracts to buy power from new projects kengen and IPPs. Now if your sole purchaser cannot buy the power you are producing at a good bargain how then do you attract capital to your projects. Turkana wind project is 74 billion, the proposed coal gas plant by kengen would come to 600million $ around 50billion.

The only way to fund this capital intensive projects would be for kengen to continue soaking debt and that would hurt the equity. Shareholders would come out worse as @Kausha keeps saying. With that in mind I have placed an order to sell all my Kengen shares take out my 90% capital gains (I sold out a major portion @ 16.05 after I heard the new Enery secretary Chirchir speak in Statehouse). I will now set up a helpline like Buffet with airline stocks every time I want to invest in GoK parastatals I will call them and they talk me down.

"Every hand is a winner, every hand is a loser"

plus the colonial era treaty on Nile water utilization.