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KENYA ELECTRICITY GENERATING COMPANY
KENGEN

Last update 17 days ago

Industry Energy | Power & Electricity (59)
Nairobi, Kenya
Workforce 1,001 - 5,000 employees Listed on NSE-Kenya Symbol KEGN

+254 711 036000 | +254 732 116000

Email pr@kengen.co.ke Website


KenGen was incorporated on 1 February 1954 under the Companies Act (Chapter 486 of the Laws of Kenya) as Kenya Power Company (KPC) to construct the transmission line between Nairobi and Tororo in Uganda as well as to develop geothermal and other generating facilities in the country. Since its inception, KPC sold electricity in bulk at cost to Kenya Power under a management contract.

Following the energy sectoral reforms in 1996, the management of KPC was formally separated from Kenya Power and renamed KenGen in January 1997. 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 very successful Initial Public Offer (IPO).

KenGen owns thirty one (31) power generating plants with a combined installed capacity of 1,337MW from diverse generation modes comprising of hydro, thermal, geothermal and wind technologies.

KenGen operates in a liberalised power generation environment and sells all electric power generated in bulk to Kenya Power, who then distributes it to consumers. As at 25th January 2016, the Company had a work force of 2,407 staff with a wealth of experience in various disciplines.

This workforce is necessary as the Company seeks to maintain leadership in the electric energy sub-sector in Kenya and Eastern Africa Region. To ensure business success, the Company efficiently generates competitively priced electric energy using state of the art technology, skilled and motivated human resource. This success is anchored on engrained core values of professionalism, integrity, safety culture and team spirit.

The Company is further propelled by the Good-to-Great (G2G) transformation strategy of moving from a “Good Company” to a “Great Company” through the creation of sustainable value from “One Generation” to the “Next Generation”. Under this strategic direction, KenGen has entered a phase of scaling up geothermal development which is evident in the Company’s investment and achievements during this fiscal year.

Key Milestones

2014: Geothermal Baseload

KenGen commissioned a US$1 billion 280MW geothermal project. A world first in its class! The first 140MW from Olkaria 1 plant was commissioned in October 2014 and the final 140MW in December 2014. The 280MW plants with a life of up to 25 years have helped stabilize tariffs since t capital at low interest rates, which means very favourable repayment terms and lower tariffs, but also investment in plants that will be with us for the next 25 years. Implementation of the project got underway in 2010.

2006: Initial Public Offering (IPO)

KenGen deepened the Capital Markets through a successful government sale of 30% stake to the public. Over KShs.25 billion (USD295 million) was realised

2004-2008 : ISO: 9001 & 14001 Certification

KenGen became the first Kenyan parastatal to be ISO: 9001:2008 Standard certified in 2004. KenGen is also certified for ISO:14001 Environmental Management Standard in 2008.

1998

The New Kenya Power Company (KPC) was re-launched in October as the Kenya Electricity Generating Company Limited, abbreviated as KenGen

1955

The Kenya Power Company Limited (KPC) incorporated as a private company to construct the transmission line from Tororo to Nairobi. Also to develop geothermal and other generating facilities (Tana & Wanjii). KPC was converted to a public company and entered into a 50-year power supply agreement with Uganda Electricity Board (UEB)

BOARD

R... M...

Managing Director
Effective this month
KENYA ELECTRICITY GENERATING COMPANY
KENGEN
Kenya - Energy | Power & Electricity
Managing Director
Effective this month

Acting Managing Director
2017 - 2017
Company Secretary And Legal Affairs Director
2008 - Unknown

J... K...

Non-Executive Chairman
Effective 3 years ago

H... M...

Alternate Non-Executive Director
Ongoing

W... M...

Alternate Non-Executive Director
Ongoing

J... N...

Non-Executive Director
Ongoing
KENYA ELECTRICITY GENERATING COMPANY
KENGEN
Kenya - Energy | Power & Electricity
Non-Executive Director
Ongoing

Managing Director
2007 - Unknown

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Non-Executive Director
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66 relationships

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KENYA ELECTRICITY GENERATING COMPANY
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Kenya - Energy | Power & Electricity
Non-Executive Director
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27 relationships

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Non-Executive Director
Effective 1 year ago

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J... W...

Non-Executive Director
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KENYA ELECTRICITY GENERATING COMPANY
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Kenya - Energy | Power & Electricity
Non-Executive Director
Effective 1 year ago

37 relationships

H... K...

Non-Executive Director
Effective 3 years ago
KENYA ELECTRICITY TRANSMISSION COMPANY
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Director
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TELKOM KENYA
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234 relationships

D... F...

Non-Executive Director
Ongoing

Appointed to the board 12 years ago

Left the company less than a year ago

A... M...

Chief Executive Officer
Left 3 months ago
KENYA ELECTRICITY GENERATING COMPANY
KENGEN
Kenya - Energy | Power & Electricity
Chief Executive Officer
Left 3 months ago

Director, Business Development And Strategy
2008 - 2014
MANAGEMENT

A... R...

Geothermal Development Director
Ongoing

M... W...

Business Development Director
Ongoing

A... S...

Human Resource And Administration Director
Effective 1 year ago

S... K...

Operations Director
Effective 1 year ago

D... M...

Strategy And Business Performance Director
Effective 3 years ago

P... Y...

Supply Chain Director
Ongoing

J... M...

Finance And Information And Communications Technology Director
Effective 9 years ago
KENYA ELECTRICITY GENERATING COMPANY
KENGEN
Kenya - Energy | Power & Electricity
Finance And Information And Communications Technology Director
Effective 9 years ago

Finance And Commercial Director
2008 - Unknown

KENYA AIRWAYS
Kenya - Aviation & Airline Services
Head, Corporate Finance
2002 - 2008

COCA-COLA EAST AFRICA
Kenya - Beverages & Wines
Finance And Performance Manager
1997 - 2002

S... N...

Regulatory And Corporate Affairs Director
Effective 4 years ago

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