Business & Financial News

Kenya Power to reap Sh300M monthly windfall from crude pipeline

By Monica Muema

Kenya’s utility firm, Kenya Power aims to reap in excess of Sh300million every month in power fees to heat and pump the 800kilometre crude pipeline from Lokichar Turkana to Lamu.

Presently Kenya Power receives an estimated Sh250million from the Mombasa -Kizumu oil pipeline managed by Kenya Pipeline Corporation (KPC).
More details to follow…
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