Energy Ministry halts process to review power sector contracts

THE STANDARD
By
Macharia Kamau |
March 17th 2021 at 09:55:17 GMT +0300
Energy CS Charles Keter (PHOTO: FILE)
Plans to renegotiate contracts signed between Kenya Power and electricity producers with the expectations of bringing down the cost of power has hit a hitch.
This is after the ministry disbanded a team that was to steer the process, shortly after it was formed.
Energy Cabinet Secretary Charles Keter had on Friday gazetted a 13-member committee to renegotiate the Power Purchase Agreements (PPAs) with firms that generate and sell electricity to Kenya Power, and how much they are paid.
This was expected to result in lowering the cost of energy in the country - a key objective for a regime that is trying to spur the manufacturing industry and achieve universal access to electricity.

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