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Kenya Power - what's the latest?
mwenza
#21 Posted : Monday, April 15, 2013 5:15:51 PM
Rank: Elder


Joined: 4/22/2009
Posts: 2,863
mwenza wrote:
Looks like I will never get the dividend cheque this year. Anybody in the same boat?
Could somebody please give me the contacts for their registrar?


Am I suffering alone?
IF YOU EXPECT ME TO POST ANYTHING POSITIVE ABOUT ASENO, YOU MAY AS WELL SIT ON A PIN
sparkly
#22 Posted : Monday, April 15, 2013 9:21:06 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Kenya Power needs to drop either Kenya or Power from its name:

Kenya- Its an embarassment to our country, sending bills on time but most of the times there is no power. Now everybody has installed a back up generator.

Power - they are now selling darkness. Thats what i get more than 50% 8f the time.
Life is short. Live passionately.
sparkly
#23 Posted : Monday, April 15, 2013 9:38:38 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Deleted
Life is short. Live passionately.
2012
#24 Posted : Tuesday, April 16, 2013 8:59:21 AM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
sparkly wrote:
Kenya Power needs to drop either Kenya or Power from its name:

Kenya- Its an embarassment to our country, sending bills on time but most of the times there is no power. Now everybody has installed a back up generator.

Power - they are now selling darkness. Thats what i get more than 50% 8f the time.


We cannot achieve 2030 with companies like KPLC. After being there for 100 years it's shocking that they should still can't perform the one and only duty they are tasked with. We have Counties talking of 24hrs economies yet KPLC can't provide electricity for more than 1 hour a day.

BBI will solve it
:)
VituVingiSana
#25 Posted : Tuesday, April 16, 2013 4:58:30 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,095
Location: Nairobi
2012 wrote:
sparkly wrote:
Kenya Power needs to drop either Kenya or Power from its name:

Kenya- Its an embarassment to our country, sending bills on time but most of the times there is no power. Now everybody has installed a back up generator.

Power - they are now selling darkness. Thats what i get more than 50% 8f the time.


We cannot achieve 2030 with companies like KPLC. After being there for 100 years it's shocking that they should still can't perform the one and only duty they are tasked with. We have Counties talking of 24hrs economies yet KPLC can't provide electricity for more than 1 hour a day.
Wow! KPLC has been around since 1913? I had no idea.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
youcan'tstopusnow
#26 Posted : Tuesday, April 16, 2013 5:09:54 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
VituVingiSana wrote:
2012 wrote:
sparkly wrote:
Kenya Power needs to drop either Kenya or Power from its name:

Kenya- Its an embarassment to our country, sending bills on time but most of the times there is no power. Now everybody has installed a back up generator.

Power - they are now selling darkness. Thats what i get more than 50% 8f the time.


We cannot achieve 2030 with companies like KPLC. After being there for 100 years it's shocking that they should still can't perform the one and only duty they are tasked with. We have Counties talking of 24hrs economies yet KPLC can't provide electricity for more than 1 hour a day.
Wow! KPLC has been around since 1913? I had no idea.

History and Milestones

1875: Seyyied Bargash, the Sultan of Zanzibar, acquires a generator to light his palace and nearby streets.

1908: Harrali Esmailjee Jeevanjee, a wealthy merchant in Mombasa, acquires the generator and transfers it to the Mombasa Electric Power and Lighting Company.

1908: Around the same time, an engineer, Mr Clement Hertzel, is granted the exclusive right to supply electricity to the then district and town of Nairobi. This leads to the formation of the Nairobi Power and Lighting Syndicate.

1922: The two utilities in Nairobi and Mombasa are merged under a new company incorporated as the East African Power and Lighting Company (EAP&L).

1932: EAP&L acquires a controlling interest in the Tanganyika Electricity Supply Company Limited (TANESCO).

1936: EAP&L obtains generating and distribution licenses for Uganda, thereby entrenching its presence in the East African region.

1948: The Uganda Electricity Board (UEB) is established by the Ugandan Government to take over distribution of electricity in the country.

1954: The Kenya Power Company (KPC) is created - to be managed by EAP&L - for the purpose of transmitting power from Uganda through the Tororo-Juja line.

1964: EAP&L sells its majority stockholding in TANESCO to the Government of Tanzania.

1983: With its operations confined only to Kenya, EAP&L is renamed The Kenya Power and Lighting Company Limited (KPLC).

1997: The functions of generation are split from transmission and distribution. The Kenya Power Company, which has been under the management of KPLC since 1954, becomes a separate entity responsible for public-funded power generation projects.

1998: The Kenya Power Company is re-launched as the Kenya Electricity Generating Company (KenGen).

2004: The Energy Sector Recovery Project (ESRP) is started to rehabilitate and reinforce the transmission and distribution network in order to improve the quality and reliability of supply, reduce system losses and increase access to electricity.

2007: Rural Electrification Authority (REA) is established to speed up the implementation pace of the rural electrification programme.

2008: Kenya Electricity Transmission Company (KETRACO) is incorporated by the government to accelerate transmission infrastructure development.

2008: The government incorporates the Geothermal Development Company tasked with developing steam fields to reduce upstream power development risks so as to promote rapid development of geothermal electric power.

2011: The Kenya Power and Lighting Company rebrands to Kenya Power.
GOD BLESS YOUR LIFE
streetwise
#27 Posted : Tuesday, April 16, 2013 5:44:02 PM
Rank: Veteran


Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
some interesting stuff:

Have you noticed when power goes off the users just sit and wait they have no expectation when it will come back..

What about guys on motorbikes goeing around to take meter readings..I am sure kplc can in some way know your consumption remotely...

If such effiecicies are employed we may even pay lower bills..

thuks
#28 Posted : Wednesday, April 17, 2013 7:49:56 AM
Rank: Veteran


Joined: 10/8/2008
Posts: 1,575
streetwise wrote:
some interesting stuff:

Have you noticed when power goes off the users just sit and wait they have no expectation when it will come back..

What about guys on motorbikes goeing around to take meter readings..I am sure kplc can in some way know your consumption remotely...

If such effiecicies are employed we may even pay lower bills..



You want to finis some people?
I care!
VituVingiSana
#29 Posted : Wednesday, April 17, 2013 12:51:02 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,095
Location: Nairobi
youcan'tstopusnow wrote:
VituVingiSana wrote:
2012 wrote:
sparkly wrote:
Kenya Power needs to drop either Kenya or Power from its name:

Kenya- Its an embarassment to our country, sending bills on time but most of the times there is no power. Now everybody has installed a back up generator.

Power - they are now selling darkness. Thats what i get more than 50% 8f the time.


We cannot achieve 2030 with companies like KPLC. After being there for 100 years it's shocking that they should still can't perform the one and only duty they are tasked with. We have Counties talking of 24hrs economies yet KPLC can't provide electricity for more than 1 hour a day.
Wow! KPLC has been around since 1913? I had no idea.

History and Milestones

1875: Seyyied Bargash, the Sultan of Zanzibar, acquires a generator to light his palace and nearby streets.

1908: Harrali Esmailjee Jeevanjee, a wealthy merchant in Mombasa, acquires the generator and transfers it to the Mombasa Electric Power and Lighting Company.

1908: Around the same time, an engineer, Mr Clement Hertzel, is granted the exclusive right to supply electricity to the then district and town of Nairobi. This leads to the formation of the Nairobi Power and Lighting Syndicate.

1922: The two utilities in Nairobi and Mombasa are merged under a new company incorporated as the East African Power and Lighting Company (EAP&L).

1932: EAP&L acquires a controlling interest in the Tanganyika Electricity Supply Company Limited (TANESCO).

1936: EAP&L obtains generating and distribution licenses for Uganda, thereby entrenching its presence in the East African region.

1948: The Uganda Electricity Board (UEB) is established by the Ugandan Government to take over distribution of electricity in the country.

1954: The Kenya Power Company (KPC) is created - to be managed by EAP&L - for the purpose of transmitting power from Uganda through the Tororo-Juja line.

1964: EAP&L sells its majority stockholding in TANESCO to the Government of Tanzania.

1983: With its operations confined only to Kenya, EAP&L is renamed The Kenya Power and Lighting Company Limited (KPLC).

1997: The functions of generation are split from transmission and distribution. The Kenya Power Company, which has been under the management of KPLC since 1954, becomes a separate entity responsible for public-funded power generation projects.

1998: The Kenya Power Company is re-launched as the Kenya Electricity Generating Company (KenGen).

2004: The Energy Sector Recovery Project (ESRP) is started to rehabilitate and reinforce the transmission and distribution network in order to improve the quality and reliability of supply, reduce system losses and increase access to electricity.

2007: Rural Electrification Authority (REA) is established to speed up the implementation pace of the rural electrification programme.

2008: Kenya Electricity Transmission Company (KETRACO) is incorporated by the government to accelerate transmission infrastructure development.

2008: The government incorporates the Geothermal Development Company tasked with developing steam fields to reduce upstream power development risks so as to promote rapid development of geothermal electric power.

2011: The Kenya Power and Lighting Company rebrands to Kenya Power.
Nice!!! If there was a graph of the ups & downs... The downs started with moi's regime aided by Samuel Gichuru.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
2012
#30 Posted : Thursday, April 18, 2013 11:16:01 AM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
There's a reason why you don't let engineers become CEOs of a service providing companies mainly because you don't want them to open their mouths.

How can the KPLC CEO call a media conference to apologize for offering bad service? You never do that especially not for a company that has been in existence for decades! You explain the situation and remedy then give guarantees. Period. These guys need to hire a PR expert!


VituVingiSana wrote:
Nice!!! If there was a graph of the ups & downs... The downs started with moi's regime aided by Samuel Gichuru.


This guy is a crook even in Jersey!

BBI will solve it
:)
youcan'tstopusnow
#31 Posted : Thursday, April 18, 2013 1:06:50 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
He blamed the rain for the outages.
GOD BLESS YOUR LIFE
Ericsson
#32 Posted : Thursday, April 18, 2013 3:41:01 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,671
Location: NAIROBI
With all this rain and water going to waste;there is need to build a high grand falls dam with a capacity to generate about 1 Gigawatt of electricity.
KENGEN is reporting that its hydro dams are full and the excess water could have been channelled to the high grand falls dam.Energy supply could be a thing of the past and now we could be thinking of distribution.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
2012
#33 Posted : Thursday, May 09, 2013 4:57:06 PM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Ati Ruto ametoa order KPLC wasiongezee raiya ma-tariffs?

BBI will solve it
:)
holycow
#34 Posted : Thursday, May 09, 2013 6:18:59 PM
Rank: Veteran


Joined: 11/11/2006
Posts: 971
Location: Home
2012 wrote:
Ati Ruto ametoa order KPLC wasiongezee raiya ma-tariffs?


It's never safe investing in Parastatals.
Pesa Nane
#35 Posted : Thursday, May 09, 2013 9:59:24 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
2012 wrote:
Ati Ruto ametoa order KPLC wasiongezee raiya ma-tariffs?

Kool! Kenya is bigger than KPLC shareholders (How I already regret having these 'communist' sentiments).
Pesa Nane plans to be shilingi when he grows up.
maka
#36 Posted : Thursday, May 09, 2013 10:39:17 PM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
2012 wrote:
Ati Ruto ametoa order KPLC wasiongezee raiya ma-tariffs?

yes he has...
possunt quia posse videntur
murchr
#37 Posted : Friday, May 10, 2013 4:36:31 AM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
Ericsson wrote:
With all this rain and water going to waste;there is need to build a high grand falls dam with a capacity to generate about 1 Gigawatt of electricity.
KENGEN is reporting that its hydro dams are full and the excess water could have been channelled to the high grand falls dam.Energy supply could be a thing of the past and now we could be thinking of distribution.


Yes, but that angle of things was evaluated and a conclusion was made that it would be expensive yet it doesn't always rain like this, so better channel the money to Geothermal
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Ericsson
#38 Posted : Friday, May 10, 2013 6:11:31 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,671
Location: NAIROBI
@murchr;The money being spent to construct the Olkaria I and IV to generate 280 MW is enough to construct the Grand Falls Dam with a capacity to generate about 1200MW.
Since 2010 we have been having heavy rains and the water has been going to waste.
The revenue generated from this power stations could then have been used to fund the geothermal power.The dam could also have a reservoir that can last a year plus.
Hydro power is the cheapest source of power and now we could be enjoying cheaper electicity tariffs and there would have been no need of raising the tariffs.
Ethiopia suffered the worst drought in the world in 1984 but has that stopped them from constructing hydro power dams.
The issue of geothermal energy was an avenue of some people to enrich themselves because of the huge capital cost involved otherwise why was Ahmed Abednassir on Eddy Njoroge's case concerning these projects that some people were enriching themselves.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
mlennyma
#39 Posted : Friday, May 10, 2013 7:03:46 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,182
Location: nairobi
Kplc is very mean in dividends,the share has stagnated for a very longtime,there is alot of corruption/bribery with legal and illegal connections.this is a poorly run company without independence.
"Don't let the fear of losing be greater than the excitement of winning."
VituVingiSana
#40 Posted : Friday, May 10, 2013 7:10:50 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,095
Location: Nairobi
A lesson for me.

Populism not sense/logic will always won out. Sigh, I shall bail out ASAP. Where's @thedeal who prefers Umeme to KPLC... Careful what happened to us in KPLC doesn't happen to you in Umeme.

Invest in firms that don't catch the populist eye. Or pay a super discount. Of course, banks will be exempt when you consider who owns CBA.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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