Kenya Electricity Generating Company
| Kenya Electricity Generating Company Ltd.
|
|
|---|---|
 |
|
| legal form | Limited |
| ISIN | KE0000000547 |
| founding | October 2, 1998 |
| Seat |
Nairobi , Kenya
|
| management | Albert Mugo ( CEO ) |
| Number of employees | 2,407 |
| sales | 26586000000 KSh (200 million euros) |
| Branch | Power generation |
| Website | www.kengen.co.ke |
| As of June 30, 2015 | |
The Kenya Electricity Generating Company Ltd. ( KenGen for short ) based in Nairobi is the largest Kenyan power generation company . KenGen covers around 80 percent of Kenya's electricity needs from the energy sources hydropower , geothermal energy , oil and wind . The electricity generated is sold exclusively to the Kenya Power and Lighting Company (KPLC), which is responsible for sales to end customers. The company is listed on the Nairobi Stock Exchange (NSE) under the symbol KEGN .
history
The company's history began with the establishment of the Kenya Power Company (KPC) in 1954 with the aim of building a high-voltage line between Nairobi and Tororo in Uganda and creating the conditions for generating electricity from geothermal energy and other energy sources. From the very beginning, KPC was headed by the Kenya Power and Lighting Company (KPLC), which exclusively distributes the electricity generated to end customers.
As part of reforms in the Kenyan energy sector, the leadership of the KPC was formally hived off from the KPLC in January 1997, which resulted in a strict separation of electricity generation and distribution. On October 2, 1998, the name was changed to Kenya Electricity Generating Company Ltd. under a new corporate identity . KenGen also assumed responsibility for all publicly owned power plants. On May 28, 2013, the electricity supplier switched off the grid after a deflagration in the line network, paralyzing the entire country in terms of electricity.
Corporate structure
On March 20, 2006, the Kenyan government decided to privatize 30% of KenGen . The IPO was 236% oversubscribed . Since May 17, 2006 KenGen has been listed on the Nairobi Stock Exchange (NSE) under the symbol KEGN . On 1 August 2007 KenGen was in the NSE-20 - share index added.
Board
The Kenya Electricity Generating Company's board of directors consists of 20 members. Chairman is Joshua Choge, Managing Director and CEO is Albert Mugo.
Power generation
With a production of 3619 GWh from 22 power plants, KenGen covered around 80% of Kenya's electricity needs in 2010. Long periods of drought and extensive deforestation reduced the availability of the hydropower plants to around 33%. KenGen intends to expand the installed capacity to 2000 MW e by 2020 , with the main focus being on the expansion of geothermal and wind power. KenGen plans to invest 74 billion Kenya shillings, around 579 million euros, in the expansion.
Energy source
| Energy source | Installed capacity MW e |
Production GWh |
Occupancy % |
|---|---|---|---|
| water | 761.28 | 2161 | 33.15 |
| oil | 73.50 | 325 | 59.49 |
| Geothermal energy | 150.00 | 951 | 91.27 |
| gas | 60.00 | 146 | 28.33 |
| diesel | 6.33 | 20th | 44.20 |
| wind | 5.45 | 16 | 41.25 |
| total | 1056.56 | 3619 | |
| regenerative part |
916.73 (approx. 87%) |
3115 (approx. 86%) |
Power plants
As of October 2011, the Kenya Electricity Generating Company operates the following power plants in Kenya:
| Surname | Type |
Installed capacity MW e |
Installation |
|---|---|---|---|
| Garissa | D. | 3.4 | |
| Guitaru | S. | 225.0 | 1999 |
| Gogo | S. | 2.0 | 1957 |
| Kamburu | S. | 94.2 | 1974 |
| Kiambere | S. | 168.0 | 1988 |
| Child aruma | S. | 44.0 | 1968 |
| Kipevu Diesel | D. | 73.5 | |
| Kipevu gas turbine | E. | 60.0 | |
| Lamu | D. | 2.9 | |
| Masinga | S. | 40.0 | 1981 |
| Mesco | S. | 0.4 | 1930 |
| Ndula | S. | 2.0 | 1924 |
| Ngong | W. | 5.5 | 1993 |
| Olkaria I | G | 45.0 | 1981 |
| Olkaria II | G | 105.0 | 2000 |
| Sagana | S. | 1.5 | 1956 |
| Sondu-Miriu | L. | 60.0 | 2007 |
| Sosiani | S. | 0.4 | 1955 |
| Tana | S. | 14.4 | 1954 |
| Turkwel | S. | 106.0 | 1991 |
| Wanjii | S. | 7.4 | 1954 |
| total | 1056.6 | ||
| regenerative part | 916.8 (approx. 87%) | ||
-
↑
D = diesel generator
E = natural gas
G = geothermal energy
L = run-of-river power plant
Ö = oil power plant
S = storage power plant (water)
W = wind energy
Individual evidence
- ↑ a b History. KenGen, accessed October 24, 2011 .
- ↑ a b Board of Directors. KenGen, accessed June 8, 2016 .
- ↑ a b 2015 Annual Report & Financial Statements
- ↑ a b Values. KenGen, accessed July 18, 2011 .
- ↑ Reuters: Kenya hit by national blackout after power grid failure
- ↑ Investor Intro. KenGen, accessed October 24, 2011 .
- ↑ a b 2010 Annual Report & Financial Statements. (PDF file, 9.2MB) (No longer available online.) KenGen, archived from the original on September 6, 2014 ; accessed on July 18, 2011 (English).