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KenGen HY 2017/2018
Ericsson
#1 Posted : Tuesday, February 27, 2018 11:27:07 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,819
Location: NAIROBI
Link to the results is as below;
http://host.nationmedia....udited-Results-2017.PDF

The company generated no cash from operating activities.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Pesa Nane
#2 Posted : Tuesday, February 27, 2018 11:39:55 AM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
Ericsson
#3 Posted : Friday, March 02, 2018 2:44:46 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,819
Location: NAIROBI
With the rains just started Impact will be felt in 2018/2019 financial year/next.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
tmatekwa
#4 Posted : Friday, March 02, 2018 9:25:40 PM
Rank: Member

Joined: 10/1/2007
Posts: 232
Ericsson wrote:
Link to the results is as below;
http://host.nationmedia....udited-Results-2017.PDF

The company generated no cash from operating activities.

The financial statements state the contrary. what am I missing?
Ericsson
#5 Posted : Saturday, March 03, 2018 12:40:39 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,819
Location: NAIROBI
tmatekwa wrote:
Ericsson wrote:
Link to the results is as below;
http://host.nationmedia....udited-Results-2017.PDF

The company generated no cash from operating activities.

The financial statements state the contrary. what am I missing?


Check the cash flow statement
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#6 Posted : Friday, March 16, 2018 10:59:03 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,819
Location: NAIROBI
https://www.businessdail...430-13pp7mtz/index.html

Kenya is moving to rehabilitate its oldest geothermal power plant for increased generation of electricity after securing a Sh9.53 billion loan from Japan.
Treasury Secretary Henry Rotich Friday signed the financing agreement with Japanese officials for the refurbishment of Olkaria I Units 1, 2 and 3 – Africa’s first geothermal plant built in 1981 in Naivasha.
The upgrade will expand the capacity of the ageing steam-powered plant from 45 megawatts to 50.7 megawatts upon completion in November 2021.
KENGEN will repay the concessional loan at 1 per cent interest rate over a period of 30 years, inclusive of a 10-year grace period.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
sparkly
#7 Posted : Saturday, March 17, 2018 9:30:25 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Ericsson wrote:
https://www.businessdailyafrica.com/news/Kenya-to-rehabilitate-oldest-geothermal-power-plant/539546-4344430-13pp7mtz/index.html

Kenya is moving to rehabilitate its oldest geothermal power plant for increased generation of electricity after securing a Sh9.53 billion loan from Japan.
Treasury Secretary Henry Rotich Friday signed the financing agreement with Japanese officials for the refurbishment of Olkaria I Units 1, 2 and 3 – Africa’s first geothermal plant built in 1981 in Naivasha.
The upgrade will expand the capacity of the ageing steam-powered plant from 45 megawatts to 50.7 megawatts upon completion in November 2021.
KENGEN will repay the concessional loan at 1 per cent interest rate over a period of 30 years, inclusive of a 10-year grace period.


Good one. Powerplants useful life is 25 years but Olkaria 1 did 37.
Life is short. Live passionately.
Ericsson
#8 Posted : Tuesday, April 24, 2018 4:26:21 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,819
Location: NAIROBI
"KenGen is set to step up power generation from hydro stations following heavy rains being experienced in several parts of the country.
The increase in rainfall has seen water levels rise, allowing optimum power generation.
Masinga dam,the largest in the Seven Forks cascade had risen to 1,045.86 meters against a maximum level of 1,056.50 meters.KenGen will step up hydro generation in months ahead and conserve available water to last until the short rains later in the year."

Effects on profitability will be felt in HY2018/2019
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
sparkly
#9 Posted : Tuesday, April 24, 2018 9:46:26 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Ericsson wrote:
"KenGen is set to step up power generation from hydro stations following heavy rains being experienced in several parts of the country.
The increase in rainfall has seen water levels rise, allowing optimum power generation.
Masinga dam,the largest in the Seven Forks cascade had risen to 1,045.86 meters against a maximum level of 1,056.50 meters.KenGen will step up hydro generation in months ahead and conserve available water to last until the short rains later in the year."

Effects on profitability will be felt in HY2018/2019


@Ericson you are closet Kengen fan Laughing out loudly Laughing out loudly
Life is short. Live passionately.
kawi254
#10 Posted : Tuesday, April 24, 2018 10:13:35 PM
Rank: Member

Joined: 2/20/2015
Posts: 468
Location: Nairobi
Ericsson wrote:
"KenGen is set to step up power generation from hydro stations following heavy rains being experienced in several parts of the country.
The increase in rainfall has seen water levels rise, allowing optimum power generation.
Masinga dam,the largest in the Seven Forks cascade had risen to 1,045.86 meters against a maximum level of 1,056.50 meters.KenGen will step up hydro generation in months ahead and conserve available water to last until the short rains later in the year."

Effects on profitability will be felt in HY2018/2019



Kiambere dam has been spilling over hence floods in Tana River county but KenGen is issuing a spillover alert 24 Hrs later!

Why isn't Masinga dam level public data with weekly updates? I follow @WandileSihlobo a SA journalist who gives all SA dam levels on weekly basis and will compare year on year damn level for same date.
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