Kenya Electricity Generating Company
|Traded as||KN: KEGN|
|Founded||1 February 1954|
Eng. Albert Mugo - CEOJoshua Choge - Chairman
|Revenue||KES 17.72 Billion (June 30, 2013)|
|KES 5.27 Billion (June 30, 2013)|
|Total assets||KES 188.7 Billion(June 30, 2013)|
|Total equity||KES 74.13 (June 30, 2013)|
Number of employees
|2,063 (June 30, 2013)|
- Not to be confused with the associated Kenya Power and Lighting Company.
KenGen relies on various sources to generate electricity ranging from hydro, geothermal, thermal and wind. Hydro is the leading source, with an installed capacity of 1.24 GW, which is 64.9 per cent of the company’s installed capacity.
The company owns fourteen (14) hydropower stations with a combined capacity of 820 MW, Five thermal power plants of 256 MW, Four geothermal power plants of 158 MW and one wind farm of 5.1 MW resulting a total installed capacity of 1,239 GW for KenGen.
With the high costs of production, operation, and maintenance of hydro power plants, KenGen made a deliberate move to shift focus to expansion of Geothermal energy production. This is also inline with the Vision 2030 and Governments plan of increasing production capacity by over 5,000 MW by the year 2018 and at the same time bring down cost of power for both domestic and industrial use.
Olkaria area in Naivasha is the most prospective area in Geothermal development according to a geological and geophysical surveys conducted by the United nations Development Program (UNDP). Presently KenGen owns four geothermal power stations, namely: Olkaria I and Olkaria II, Olkaria II unit IV and V, and Olkaria IV.
The power stations are within the great Rift Valley adjacent to the famous Hell’s Gate National Park, and also bordering Lake Naivasha.
The company was founded on February 1, 1954 as Kenya Power Company (KPC) and was commissioned to construct the transmission line between Nairobi and Tororo in Uganda. This was to transmit power generated at the Owen Falls Dam to Kenya. KPC was as well tasked to develop electricity generating facilities in the country.
KPC was managed by the Kenya Power and Lighting Company under a management contract. In January 1997, the management of KPC was formally separated from Kenya Power as a direct result of reforms being under taken in the energy sector and the entire economy. Subsequently, on January 19, 1998 the company changed its name from to Kenya Power Company to Kenya Electricity Generating Company. The trading name KenGen was also adopted at this point.
In 2006, KenGen was listed on the Nairobi Securities Exchange after the Government of Kenya sold 30% of its stake in the Company through a successful Initial Public Offer that received over 280,000 applications.
|Rank||Name of Owner||Percentage Ownership|
|1||Government of Kenya||70|
List of power stations and installed capacity
The current capacity of KenGen's power stations can be summarized as follows:
- Kipevu I Diesel - 73.5 MW
- Kipevu III Diesel - 120 MW
- Embakasi Gas Turbine - 60 MW
- Lamu - 2.9 MW
- Garissa - 6.7 MW
- Gitaru Hydro Power Plant - 225 MW
- Gogo Hydro Power Plant - 2 MW
- Kamburu Hydro Power Plant - 94.2 MW
- Kiambere Hydro Power Plant - 168 MW
- Kinduruma Hydro Power Plant - 72 MW
- Masinga Hydro Power Plant - 40 MW
- Mesco Hydro Power Plant - 0.38 MW
- Ndula Hydro Power Plant - 2.00 MW
- Sagana Hydro Power Plant - 1.5 MW
- Sondu Miriu Hydro Power Plant - 60 MW
- Sosiani Hydro Power Plant - 0.4 MW
- Tana Hydro Power Plant - 20 MW
- Turkwel Hydro Power Plant - 106 MW
- Wanjii Hydro Power Plant - 7.4 MW
- Olkaria I Geothermal Power Plant - 45 MW
- Olkaria II Geothermal Power Plant - 105 MW
- Eburru Geothermal Power Plant - 2.5 MW
- Wellhead Geothermal Power Plant - 5.0 MW
- Ngong Wind Power Plant - 5.1 MW
- Well head Generation - 70 MW - Completion Year: 2014
- Olkaria IV Unit 1&2 - 140 MW - Completion Year: 2014
- Olkaria I Unit 4&5 - 140 MW - Completion Year: 2014
- Olkaria I Unit 6 - 70 MW - Completion Year: 2015/16
- Eburru Project - 25 MW - Completion Year: 2016
- Olkaria V - 140 MW - Completion Year: 2016/17
- Olkaria VI - 140 MW - Completion Year: 2016/17
- Olkaria VII - 140 MW - Completion Year: 2018
- Olkaria VIII - 140 MW - Completion Year: 2018
- Ngong wind I Phase II - 6.8 MW - Completion Year: 2014
- Ngong' wind II project - 13.6 MW - Completion Year: 2014
- Meru wind project(Phase I) - 100 MW - Completion Year: 2016
- Kilifi coal plant 700MW - Completion Year: 2016/17
- Karura Hydro Power - 90MW Completion Year: 2018
- Government of Kenya
- Kenya Power and Lighting Company
- Coal power stations
- Electric power transmission
- Electricity distribution
- Nuclear power
- Pumped-storage hydroelectricity
- List of countries by electricity exports
- List of countries by electricity imports
- List of countries by electricity production
- "KenGen 2013 Annual Report". Kenya Electricity Generating Company. June 30, 2013. Retrieved October 14, 2013.
- KenGen thermal power stations
- KenGen wind farm
- "An offer for sale by KenGen for a 10 year Public Infrastructure Bond Offer". Kenya Electricity Generating Company. August 28, 2009. Retrieved October 14, 2014.
- Mogusu, Tom (April 29, 2006). "Kenya: Kengen IPO Nets Over Sh26 Billion". All Africa. The East African Standard. Retrieved October 14, 2014.