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KenGen HY 2017/2018
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Pesa Nane
#11 Posted : Wednesday, April 25, 2018 8:13:51 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
kawi254 wrote:

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.


Data as provided on #SytemYaFacts
"NB:The minimum level at Masinga is set at 1037....after that you shut down the dam."

Pesa Nane plans to be shilingi when he grows up.
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kawi254
#12 Posted : Thursday, April 26, 2018 9:13:05 AM
Rank: Member

Joined: 2/20/2015
Posts: 468
Location: Nairobi
Pesa Nane wrote:
kawi254 wrote:

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.


Data as provided on #SytemYaFacts
"NB:The minimum level at Masinga is set at 1037....after that you shut down the dam."




Data only provided by Oleitumbi (PSCU) after public pressure on empty dams besides heavy rainfall.

Don't you think this data should be publicly available say weekly, monthly and would help you trade a share like KenGen whose profitability depends on amount of water in dams?
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Ericsson
#13 Posted : Tuesday, May 01, 2018 7:46:35 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,819
Location: NAIROBI
https://www.businessdail...rantee/4003110-4537700-

Dividend drought extension
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Ericsson
#14 Posted : Thursday, May 03, 2018 9:57:53 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,819
Location: NAIROBI
Garissa County government threatening to sue kengen over massive destruction
This follows spillage from kindaruma dam that left 2,000 people displaced
Masinga dam 6m shy of spillover.
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Wealth=Income + Investments - Lifestyle
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kawi254
#15 Posted : Thursday, May 03, 2018 10:43:11 PM
Rank: Member

Joined: 2/20/2015
Posts: 468
Location: Nairobi
Ericsson wrote:
Garissa County government threatening to sue kengen over massive destruction
This follows spillage from kindaruma dam that left 2,000 people displaced
Masinga dam 6m shy of spillover.


If the dams got full and broke there won't be anyone left in Garisa. Also the dams belong to TARDA. I must say though KenGen mismanaged this one - they normally give 24 - 48 Hrs notice before spillover
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Ericsson
#16 Posted : Thursday, May 03, 2018 11:24:30 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,819
Location: NAIROBI
kawi254 wrote:
Ericsson wrote:
Garissa County government threatening to sue kengen over massive destruction
This follows spillage from kindaruma dam that left 2,000 people displaced
Masinga dam 6m shy of spillover.


If the dams got full and broke there won't be anyone left in Garisa. Also the dams belong to TARDA. I must say though KenGen mismanaged this one - they normally give 24 - 48 Hrs notice before spillover


They gave 48hrs notice though i agree this one they mismanaged reason being fuel cost levy is high so they didn't want people to know otherwise the public would have protested why hydro power is not being maximised
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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chiaroscuro
#17 Posted : Friday, May 04, 2018 2:20:30 PM
Rank: Veteran

Joined: 2/2/2012
Posts: 1,134
Location: Nairobi
About 75% of KenGen revenue comes from "Capacity Charge", not "Energy supplied". As long as they have power plants ready to supply, they get paid - whether they do supply or not!

Their success hinges on cost containment and investment in new power plants.
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Ericsson
#18 Posted : Saturday, May 05, 2018 8:18:46 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,819
Location: NAIROBI
PIC has increased its Shareholding to 13%
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sparkly
#19 Posted : Saturday, May 05, 2018 9:18:10 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Ericsson wrote:
PIC has increased its Shareholding to 13%


Good news for shareholders. GOK should sell more of their stake to institutional investors to unlock the value of the counter.
Life is short. Live passionately.
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kawi254
#20 Posted : Saturday, May 05, 2018 10:31:18 AM
Rank: Member

Joined: 2/20/2015
Posts: 468
Location: Nairobi
sparkly wrote:
Ericsson wrote:
PIC has increased its Shareholding to 13%


Good news for shareholders. GOK should sell more of their stake to institutional investors to unlock the value of the counter.


With 13% they deserve a board sit and hopefully they will get someone professional.
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