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KenGen

    https://www.kengen.co.ke/
    Kenya Electricity Generating Company PLC (KenGen) is the leading electric power generating company in East Africa. KenGen was incorporated in 1954 under the Kenyan Companies Act as Kenya Power Company (KPC) with the mandate to generate electricity through the development, management and operation of power plants.

KenGen Commences Drilling of First Well in Djibouti, As ...

    https://www.tuko.co.ke/business-economy/energy/434793-kengen-commences-drilling-first-ksh-700-million-well-djibouti/
    Kenya Electricity Generating Company (KenGen) PLC has begun drilling the first of three geothermal wells in Djibouti Drilling of the first well is expected to take about two months, setting in motion a KSh 700 million contract signed in February 2021 This is the third mega geothermal drilling ...

KenGen yet to decide if it is time to pull workers out of ...

    https://www.standardmedia.co.ke/business/news/article/2001428455/kengen-yet-to-decide-if-it-is-time-to-pull-workers-out-of-ethiopia
    Engineers from Kengen work on one of the largest well in Olkaria which is 3km deep and has the capacity of producing 30mw. ... 18 hours ago. Absa Bank signals dividend payout as profit quadruples .

Auditor General flags KenGen’s Sh95b outlay on stalled ...

    https://www.standardmedia.co.ke/business/news/article/2001430207/auditor-general-flags-kengens-sh95b-outlay-on-stalled-projects
    The audit report further discloses that KenGen spent Sh4.48 billion on constructing transmission lines during the 2008/2009 financial year, but the lines have never benefited the firm.

KenGen Drills Ethiopia’s Deepest Geothermal Well of 3,000 ...

    https://www.tuko.co.ke/business-economy/433163-kengen-drills-ethiopias-deepest-geothermal-well-3000-metres/
    Kenya Electricity Generating Company PLC (KenGen) has completed drilling the deepest geothermal well in Ethiopia reaching a depth of 3,000 meters, surpassing a target of 2,750 meters. This marks the second of eight geothermal wells KenGen has been contracted to drill for the state-owned electricity producer, Ethiopia Electric Power Company.

Kenyan utility KenGen's full-year pretax profit up 7% | …

    https://www.nasdaq.com/articles/kenyan-utility-kengens-full-year-pretax-profit-up-7-2021-11-01
    Kenyan utility KenGen's full-year pretax profit up 7%. Kenya Electricity Generating Co Ltd (KenGen) reported a 7% rise in pretax profit to 14.76 billion Kenyan shillings ($132.73 million) for the ...

Geothermal deals in Ethiopia earn KenGen Sh1.78b - The ...

    https://www.standardmedia.co.ke/business/news/article/2001428876/geothermal-deals-in-ethiopia-earn-kengen-sh178b
    KenGen was planning to start drilling services for the Aluto-Langano project—also in Ethiopia— but it is not clear if this will proceed, given the prevailing safety concerns. ...

KenGen fails to issue profit alert as earnings dip 93pc ...

    https://www.businessdailyafrica.com/bd/corporate/companies/kengen-fails-to-issue-profit-alert-earnings-dip-93pc-3604208
    The big profit drop came as a shock to investors, with the company’s share price declining 2.5 percent in yesterday’s trading to Sh4.57 as …

Measuring IPPs' tariffs to KenGen is to compare oranges …

    https://www.the-star.co.ke/business/kenya/2021-11-29-measuring-ipps-tariffs-to-kengen-is-to-compare-oranges-to-apples/
    KenGen’s cost of capital is significantly lower than that of the IPPs. According to KenGen’s 2020 financial statements, the weighted average interest rate of …

Ethiopia geothermal works on course - KenGen - The …

    https://www.standardmedia.co.ke/business/business/article/2001426852/ethiopia-geothermal-works-on-course-kengen
    The exploration of geothermal energy by KenGen in Ethiopia is on course, according to the company’s weekly review report. According to KenGen MD Rebecca Miano, the over Sh700 million (US$6.2 ...

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