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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…
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
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
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