THE STANDARD
NEWS
KPLC token
Kenya Power has partnered with Community-Based Organisations (CBOs) in Mathare, Mukuru and Kibera to enhance service delivery and stem electricity theft.
The partnership, which is in line with the company’s losses reduction strategy, will see the power utility firm recover at least Sh2 billion in the three informal settlements through the collaboration.
The firm will also open offices in Mathare, Mukuru and Kibera to help address customer issues such as power outages, bill queries, and new connections among others. “Under the partnership, the CBOs will act as the company’s ambassadors and report issues to teams based in the new offices,” said Kenya Power Managing Director Bernard Ngugi.
THE STANDARD
BUSINESS NEWS
Kenya power and lighting company relocate powerlines to pave way for Nairobi expressway in westlands along waiyaki way , Nairobi on Friday, September 25, 2020. [David Gichuru, Standard]
Kenya Power’s profit after tax for the first six months trading period ended December 31, 2020 fell by 80 per cent, hurt by the coronavirus pandemic.
The power distributor said yesterday its net profit fell to Sh138 million for six months from Sh692 million in the same period of 2019.
It blamed the loss on the effects of Covid-19 restrictions last year that depressed its sales.
Revenue from contracted customers fell marginally to Sh69 billion last year from Sh69.6 billion in the same period of the previous year.