More Kenyan companies generate power to save costs
An increasing
number of Kenyan companies plan to start generating their own
electricity to help lower power costs, improve reliability of supply,
and add new sources of revenue.
Kaluworks, Kenya
Petroleum Refineries, and Unilever Kenya Tea are the three latest firms
to lodge applications for licences with the Energy Regulatory
Commission. They plan to put up plants to generate at least 109 MW.
“Cost of power has
become a major concern for every industry, and we don’t see the cost of
power coming down. So most people who can afford to produce their own
electricity are actually going for it,” said Vimal Shah, chairman of
the Kenya Association of Manufacturers.
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