Kenya Electricity Generating Company
 |
|
| KenGen | |
| Public company | |
| Traded as | KN: |
| Industry | Electric power |
| Founded | 1 February 1954 |
| Headquarters | Nairobi, Kenya |
|
Area served
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Kenya |
|
Key people
|
Eng. Albert Mugo – CEO Joshua Choge – chairman |
| Revenue | KES 25.6 Billion (30 June 2015) |
| KES 11.52 Billion (30 June 2015) | |
| Total assets | KES 188.7 Billion(30 June 2013) |
| Total equity | KES 74.13 (30 June 2013) |
|
Number of employees
|
2,063 (30 June 2013) |
| Website | KenGen |
Eng. Albert Mugo – CEO
Kenya Electricity Generating Company or simply KenGen is a company, the largest power producing company in Kenya producing about 72% of the electricity consumed in the country.
KenGen relies on various sources to generate electricity ranging from hydro, geothermal, thermal and wind. Hydro is the leading source, with an installed capacity of 0.821 GW, which is 52.3 percent of the company's installed capacity.
The company owns 15 hydropower plants with a combined capacity of 819.9 MW, five thermal power plants of 262.5 MW, five geothermal power plants of 508.8 MW and one Wind power plant at Ngong of 25.5 MW resulting a total installed capacity of 1,617 GW.
Presently KenGen owns four geothermal power stations, namely: Olkaria I and Olkaria II, Olkaria I unit 4 and 5, and Olkaria IV.
The power stations are within the great Rift Valley adjacent to the famous Hell's Gate National Park, and also bordering Lake Naivasha.
The company was founded on 1 February 1954 as the Kenya Power Company (KPC) and was commissioned to construct the transmission line between Nairobi and Tororo in Uganda. This was to transmit power generated at the Owen Falls Dam to Kenya. KPC was also tasked to develop electricity generating facilities in the country.
KPC was managed by the Kenya Power and Lighting Company under a management contract. In January 1997, the management of KPC was formally separated from Kenya Power as a direct result of reforms being under taken in the energy sector and the entire economy. Subsequently, on 19 January 1998 the company changed its name from Kenya Power Company to Kenya Electricity Generating Company. The trading name KenGen was also adopted at this point.
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Wikipedia