East Africa, electricity, Electricity Distribution in Africa, Indebted Power Transmitters in Africa, IT, IT News, kenya, Kenya Power, Kenyan Power Distributer, KPLC, Mining & Energy, National Treasury Kenya, Ormat Technology, Power Transmitters in Africa, Struggling Power Transmitters, tech news, Technology, Top Stories
Kenya Power, the state-owned utility, has cleared a $22.7-million power purchase bill to the US geothermal energy tech firm, Ormat Technologies, to subdue fears of a default that would have seen the American firm bill the country’s National Treasury. According to Business Daily, the money is part of a total pending bill of KSh2.92-billion ($25.52-million)…