How grid leasing could help offset KPLC monopoly loss
Nairobi, June 9 -- Utility company Kenya Power is expected to cancel out losses from the end of its monopoly in electricity sales with the lease of its infrastructure as analysts see a structural shift in the company's business model.
Analysts at Standard Investment Bank (SIB) expect the utility to transform into an infrastructure firm, leasing out its over 160,000 kilometres network of high and low voltage lines to producers seeking to sell electricity directly to customers.
The dismantling of the legacy single buyer model is expected to shakeup Kenya Power's business model as it faces competition to mostly retain its large-scale power consumers such as industries.
Already, electricity generating firm KenGen has sought an electric pow...
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