A presidential taskforce reviewing power purchase agreements is seeking public and stakeholder input, as it starts to probe Kenya's power deals. The 15-member taskforce appointed by President Uhuru Kenyatta on March 29, is tasked with undertaking a comprehensive review and analysis of the Power Purchase Agreements (PPAs) entered into by Kenya Power. These involves Independent Power Producers (IPPs) whose foreign currency-denominated agreements have seen Kenya power pay 15 times more for a unit of electricity, than that of Kenya Electricity Generating Company (KenGen). It is tasked with reviewing the sustainability and viability of all independent power generation projects that have been proposed, under implementation, or in operation. The biggest independent beneficiaries include Tsavo Power, Iberafrica Power, Gulf Power, Thika Power, Triumph, Rabai Power and Aggreko, all of which are now facing the cut-out.

Source: The Star May 12, 2021 00:56 UTC