I have said it before and I will say it again.
If GoK has control beware the Ides of March. KQ showed me things in 2012.
KPLC had its moments with constant corruption.

I have no significant interest in any GoK controlled entity except KenyaRe.

Perhaps if one is a pumper and dumper. Or a trader.

The long-term history of government controlled firms is one of underperformance.

BUT I wish you good luck.

Given what you know about KPLC, which has been discussed for years, why would you go in when there are better alternatives?

BUT I wish you good luck.

I am not going into kplc,I was there when things were good.I left when red flags started becoming visible.

Pole for getting 🔥 burnt

sight of faulty procured transformers dumped at KPLC depot at Roysambu off Kamiti road is sad sad.

KPLC says that rural electrification is loss making but in Makueni people buying electricity tokens stay up to 3 months without electric supply forcing people to get D-Light solars. Even when electricity is supplied during the day it is rationed and lights only come back in the evening...i.e you go to mill your maize flour and you can't as all former diesel millers upgraded to electric mill but electricity is not constant...same thing with local welders who when Electricity is off for months they close shop.

worst of it all is buying substandard transformers at inflated prices equivalent to high grade western transformers. Cartel of slefish thieves from the top down.

“The opening of the first factory for manufacturing transformers in the Kenyan market is a milestone. It will end importation of electrical equipment that in some way slowed down power connection in the country,” Kenya’s Cabinet Secretary for Energy and Petroleum, Charles Keter, said at the opening.

Kenya Power’s decision to procure transformers from local suppliers has left the utility firm with substandard products that have been linked to the rising cases of power outages and maintenance costs, and have compromised efforts to connect more Kenyans to the national grid.

“We have looked at the transformer suppliers and identified a number whose products have proven sub-standard,” said Kenya Power’s managing director Ken Tarus.

NEW KPLC BOARD IS READY

The previous board was mainly composed of cronies of influential politicians. Still, the problems at Kenya Power are so deeply ingrained.

The priority of priorities in Kenya Power is addressing balance sheet issues. The shareholders must to something very urgently to clean the company’s balance sheet.

Kenya Power is the only power off-taker for both KenGen and for the independent power producers. When it continues to ail, the ramifications are felt across the board.

Indeed, part of the reason Kenya Power is where it is today is because it — for political reasons — finds it difficult to operate on the basis of full-cost recovery. Failure to subsidise the social tariff has been a big impediment.

The new team can scale up drastically in reducing transmission losses, in reducing theft of electricity by consumers, in collecting debts and in curtailing corruption in procurement.

A great deal can be achieved by eliminating fiefdoms in the ranks of the workforce left by the out-going management and board and in re-introducing clear lines of command in the company. The list of what needs to be done to improve the company’s fortunes is long indeed.

...inject capital to recapitalise the company and consider forging an alliance with a strategic partner that can bring technical expertise and management.

In the long term we must debate whether it really makes sense for Kenya Power and other strategic commercial State corporations to remain listed on the stock exchange.

A monopoly that rakes in more than Sh130 billion a year in revenues, is broke and is now tottering dangerously.

If the government does not take drastic measures to bail out Kenya Power from its current situation, the company will collapse.