Job Ref. MN 5605
The Company
Our client, Kenya
Electricity Generating Company Ltd, KenGen, which is listed on the
Nairobi Securities Exchange, is 70% government-owned. It has 1,236MW of
installed capacity from various sources - 66% Hydro, 21 % Thermal, 13%
Geothermal, 0.4% Wind. It controls about 80% of the power generation
capacity in Kenya.
With 1,900 employees, the
Company annual turnover is over US$ 200 million (Kshs 17 billion) and
has an asset base of over US$ 1.9 billion (Kshs 160 billion).
KenGen aims to be the market leader in the provision of electric energy in the Eastern Africa region.
The Strategy
Kengen operates in a liberalized and regulated single-buyer market competing with Independent Power Producers.
The forecasted national
peak demand to meet Kenya Vision 2030 objectives is 15,000MW by year
2030. KenGen is going to be a major player in attaining this national
target.