Kenya Power holds Sh10 billion dead stock

Kenya Power workers repair a power supply line. FILE PHOTO | NMG

Kenya Power #ticker:KPLC  holds about Sh9.8 billion in dead stock, the Energy Ministry has said, underlining the electricity supplier’s messy procurement programmes.

Energy Principal Secretary Gordon Kihalangwa said an audit has revealed piles of idle stocks at the utility firm, including power transformers.

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