- The investment aims to construct new substations and power lines to strengthen the electricity distribution network.
- Kenya Power and Lighting Company, the electricity distribution company in Kenya, has announced plans to invest US $72M in the financial year starting July 2023.
Kenya Power and Lighting Company, the electricity distribution company in Kenya, has announced plans to invest US $72M in the financial year starting July 2023. The investment aims to construct new substations and power lines to strengthen the electricity distribution network. The Managing Director and CEO of Kenya Power, Joseph Siror, stated that this investment aligns with the company’s strategy to improve the quality and reliability of power supply to its customers.
Siror emphasized that these strategic grid investments are necessary to accommodate the anticipated increase in energy demand from emerging sectors like e-mobility and clean cooking. Over the past two years, Kenya has witnessed significant interest from local and international stakeholders looking to invest in the country’s e-mobility sector. To support e-mobility and other sectors of the economy, Kenya Power will continue to invest in strengthening the grid to enhance network stability and flexibility, ultimately providing quality and reliable service.
A recent study indicated that the city’s power grid could handle the switch to electric for 100% of two-wheeler vehicles and 10% of other vehicles, including private and commercial fleets. However, Kenya Power intends further to improve the flexibility of the network through strategic investments to accommodate the growing e-mobility industry.
Overall, Kenya Power’s investment in grid expansion and commitment to supporting e-mobility demonstrates its dedication to providing a reliable power supply and fostering the growth of sustainable energy solutions in the country.