Kenya Electricity Generating Company (KenGen) has set aside Sh1.37 billion to cover for expected defaults from customers led by Kenya Power, which owed the generator Sh16.65 billion in June.
Latest disclosures show the allowance for impairment hit Sh1.37 billion in the year ended June 2025 from Sh774.71 million in the preceding financial year, on the backdrop of rising debts from its key commercial customer—Kenya Power—and non-commercial clients.
