Discover and read the best of Twitter Threads about #EJ6
Most recents (1)
By June 2020, @kenyapower owed
-Sh23.7B to @KenGenKenya
-Sh19.48B to IPPs
-Sh4.67B to @KETRACO1
The electricity sector is a hotbed of theft. MES & #Covid19Millionaires look tame by comparison.
WaKenya could lose up to Sh6T!
#SwitchOffKPLC
(thread)
businessdailyafrica.com/corporate/comp…
-Sh23.7B to @KenGenKenya
-Sh19.48B to IPPs
-Sh4.67B to @KETRACO1
The electricity sector is a hotbed of theft. MES & #Covid19Millionaires look tame by comparison.
WaKenya could lose up to Sh6T!
#SwitchOffKPLC
(thread)
businessdailyafrica.com/corporate/comp…
2. Broadly, @KenyaPower owes Sh65B & anticipates Sh29.5B from consumers & the govt.
Q. How does a de facto monopoly FAIL to be profitable?
A.The trinity of generation+transmission+distribution/sale
is for the profit of a select, politically connected group.
#SwitchOffKPLC
Q. How does a de facto monopoly FAIL to be profitable?
A.The trinity of generation+transmission+distribution/sale
is for the profit of a select, politically connected group.
#SwitchOffKPLC
3. Tariffs - under the corrupt & watchful eye of @EPRA_Ke - will remain high because parastatals & IPPs are OVERSUPPLYING electricity .
We pay for UNUSED electricity through rigged Power Purchase Agreements & yet more bleeding via the happily corrupt @KETRACO1.
#SwitchOffKPLC
We pay for UNUSED electricity through rigged Power Purchase Agreements & yet more bleeding via the happily corrupt @KETRACO1.
#SwitchOffKPLC
