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Kenya Power - what's the latest?
kawi254
#221 Posted : Wednesday, August 12, 2015 4:57:38 PM
Rank: Member


Joined: 2/20/2015
Posts: 467
Location: Nairobi
According to Reuters, PPA between Kenya Power and Kleen Energy for 6 MW Hyrdo power is 9.20 U.S cents per Kwh which is 3x what Kenya Power pays Kengen Hydro.
Bad negotiators at Kengen or Kenya Power is overpaying?

Quote "Chumo said the country's sole electricity distributor had also agreed to buy 6 MW of hydroelectric power from Kleen Energy Ltd at a cost of 9.20 U.S. cents per kilowatt hour. Kleen Energy is expected to start production in August 2016"
murchr
#222 Posted : Wednesday, August 12, 2015 5:10:55 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
kawi254 wrote:
According to Reuters, PPA between Kenya Power and Kleen Energy for 6 MW Hyrdo power is 9.20 U.S cents per Kwh which is 3x what Kenya Power pays Kengen Hydro.
Bad negotiators at Kengen or Kenya Power is overpaying?

Quote "Chumo said the country's sole electricity distributor had also agreed to buy 6 MW of hydroelectric power from Kleen Energy Ltd at a cost of 9.20 U.S. cents per kilowatt hour. Kleen Energy is expected to start production in August 2016"


How much is KPLC paying KENGEN and where is Kleen energy generating this power?
"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
.
kawi254
#223 Posted : Wednesday, August 12, 2015 5:59:43 PM
Rank: Member


Joined: 2/20/2015
Posts: 467
Location: Nairobi
Hydro at Rupingazi River, Embu (0° 30' 25.44" S, 37° 25' 40.92" E).

PPA between KPLC & KENGEN for Hydo is at ~US cents 2.869/ kWh + a capacity charge for some hydro's.

Geothermal e.g for Olkaria 1 PPA is at ~9.409 US cents/kwh.

Methinks Reuters erred. Probably meant the PPA between Kenya Power and Akiira Geothermal but wrote Kleen Energy
dunkang
#224 Posted : Wednesday, August 12, 2015 6:18:43 PM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
kawi254 wrote:
According to Reuters, PPA between Kenya Power and Kleen Energy for 6 MW Hyrdo power is 9.20 U.S cents per Kwh which is 3x what Kenya Power pays Kengen Hydro.
Bad negotiators at Kengen or Kenya Power is overpaying?

Quote "Chumo said the country's sole electricity distributor had also agreed to buy 6 MW of hydroelectric power from Kleen Energy Ltd at a cost of 9.20 U.S. cents per kilowatt hour. Kleen Energy is expected to start production in August 2016"

The Feed-in-Tarriff policy in Kenya is as follows;
Receive with simplicity everything that happens to you.” ― Rashi

kawi254
#225 Posted : Monday, August 17, 2015 3:48:33 PM
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Joined: 2/20/2015
Posts: 467
Location: Nairobi
Muthawamunene
#226 Posted : Monday, August 17, 2015 5:13:03 PM
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Joined: 1/3/2011
Posts: 264
Location: Nairobi
Oh dear.

Another day, another lesson.
instinct
#227 Posted : Monday, August 17, 2015 5:22:37 PM
Rank: Member


Joined: 8/17/2007
Posts: 294
Kenya Power has defended itself saying it bought thermal electricity from Triumph Power’s 83-megawatt plant in Athi River, which was on a mandatory reliability test-run after becoming operational last month. The 30-day test-run ended on August 3.

“We also enhanced thermal generation in Nairobi during the GES to maintain reasonable voltages at various sub-stations and ensure reliable supply,” Kenya Power managing director Ben Chumo said of the three day summit that was headlined by US President Barack Obama last month.

>>>Somehow they consider it reasonable for consumers to pay for these...
streetwise
#228 Posted : Monday, August 17, 2015 5:25:28 PM
Rank: Veteran


Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Monopoly, stealing mentality and immpunity. SIC

Enyewe KPLC iko na wenyewe
VituVingiSana
#229 Posted : Tuesday, August 18, 2015 2:35:50 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,084
Location: Nairobi
instinct wrote:
Kenya Power has defended itself saying it bought thermal electricity from Triumph Power’s 83-megawatt plant in Athi River, which was on a mandatory reliability test-run after becoming operational last month. The 30-day test-run ended on August 3.

“We also enhanced thermal generation in Nairobi during the GES to maintain reasonable voltages at various sub-stations and ensure reliable supply,” Kenya Power managing director Ben Chumo said of the three day summit that was headlined by US President Barack Obama last month.

>>>Somehow they consider it reasonable for consumers to pay for these...

Doesn't ERC talk to KPLC before issuing statements?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
murchr
#230 Posted : Tuesday, August 18, 2015 2:58:04 AM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
Families and business whose power is cut off for more than three hours within a day will receive compensation from Kenya Power if a proposed law is adopted.

http://www.businessdaily...4/-/9vadwdz/-/index.html
"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
.
heri
#231 Posted : Tuesday, August 18, 2015 6:23:18 AM
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Joined: 9/14/2011
Posts: 834
Location: nairobi
when are the FY2015 results expected?
mthaka
#232 Posted : Tuesday, December 22, 2015 10:09:05 AM
Rank: Member


Joined: 9/30/2013
Posts: 254
Tukutane AGM safaripark leo 22/12/2015 at 11,
streetwise
#233 Posted : Sunday, December 27, 2015 3:59:55 PM
Rank: Veteran


Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Did they talk about power blackouts in the agm ?
Pesa Nane
#234 Posted : Sunday, December 27, 2015 7:18:01 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
streetwise wrote:
Did they talk about power blackouts in the agm ?



Pesa Nane plans to be shilingi when he grows up.
Elephant Man
#235 Posted : Monday, December 28, 2015 5:03:48 PM
Rank: Member


Joined: 12/24/2008
Posts: 112
Yaani this Susan Chepkurui Kimosop Chesiyna is the best person that gava (being the majority shareholder) could come up with to replace Dr. Kilukumi as a director of KPLC?

I can now appreciate @VVS's reluctance to invest in gava stocks. 15 years in the teaching profession (doesn't mention where and at what age she started, she's now 48) equates to 'vast experience in project management and communication'? Kweli ma spin doctors wako na kazi. Hebu wazuan's google the institution that awarded that degree - like it's issued by DALC! SMH....

I stand to be corrected...
Ericsson
#236 Posted : Monday, December 28, 2015 6:59:21 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,667
Location: NAIROBI
Arap Hyena putting his people and they have specific targets.Dr Kilukumi is from Stevo backyard.
Ethnic balkanisation 2.0
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#237 Posted : Monday, December 28, 2015 8:04:04 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,084
Location: Nairobi
Elephant Man wrote:
Yaani this Susan Chepkurui Kimosop Chesiyna is the best person that gava (being the majority shareholder) could come up with to replace Dr. Kilukumi as a director of KPLC?

I can now appreciate @VVS's reluctance to invest in gava stocks. 15 years in the teaching profession (doesn't mention where and at what age she started, she's now 48) equates to 'vast experience in project management and communication'? Kweli ma spin doctors wako na kazi. Hebu wazuan's google the institution that awarded that degree - like it's issued by DALC! SMH....

I stand to be corrected...

She was elected unopposed but what's the point of standing against her if she has the backing of GoK's 51%?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Boris Boyka
#238 Posted : Monday, December 28, 2015 8:10:32 PM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here
VituVingiSana wrote:
Elephant Man wrote:
Yaani this Susan Chepkurui Kimosop Chesiyna is the best person that gava (being the majority shareholder) could come up with to replace Dr. Kilukumi as a director of KPLC?

I can now appreciate @VVS's reluctance to invest in gava stocks. 15 years in the teaching profession (doesn't mention where and at what age she started, she's now 48) equates to 'vast experience in project management and communication'? Kweli ma spin doctors wako na kazi. Hebu wazuan's google the institution that awarded that degree - like it's issued by DALC! SMH....

I stand to be corrected...

She was elected unopposed but what's the point of standing against her if she has the backing of GoK's 51%?

I know this lady and have visited her in her office (Nasha Agencies) in Nakuru. She's warming up for Woman Rep Baringo county. She's been in connection in businesses in Nakuru and rift valley at large!
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
VituVingiSana
#239 Posted : Monday, December 28, 2015 8:30:44 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,084
Location: Nairobi
Boris Boyka wrote:
VituVingiSana wrote:
Elephant Man wrote:
Yaani this Susan Chepkurui Kimosop Chesiyna is the best person that gava (being the majority shareholder) could come up with to replace Dr. Kilukumi as a director of KPLC?

I can now appreciate @VVS's reluctance to invest in gava stocks. 15 years in the teaching profession (doesn't mention where and at what age she started, she's now 48) equates to 'vast experience in project management and communication'? Kweli ma spin doctors wako na kazi. Hebu wazuan's google the institution that awarded that degree - like it's issued by DALC! SMH....

I stand to be corrected...

She was elected unopposed but what's the point of standing against her if she has the backing of GoK's 51%?

I know this lady and have visited her in her office (Nasha Agencies) in Nakuru. She's warming up for Woman Rep Baringo county. She's been in connection in businesses in Nakuru and rift valley at large!
What 'value' does she bring as a director to a firm like KPLC?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#240 Posted : Monday, December 28, 2015 10:41:25 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,667
Location: NAIROBI
@VituVingiSana
That is arap hyennas cronnie been planted to the board.
Its our time to "eat"
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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