Kenya Power Explores New Revenue Streams With Internet And Consultancy Services

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Kenya Power (KPLC) plans to increase its non-core revenue to at least 3% of its total income investments through subsidiary institutions. The company aims to achieve this by investing in fiber and general consultancy both locally and regionally. KPLC’s Institute of Energy Studies and Research (IESR), which does consultancy and research business in various areas within the energy value chains, will be leveraged as a market leader in the region. The Energy and Petroleum Cabinet Secretary has urged Kenya Power to invest in the rich labor force even as it seeks to capitalize on revenue collection.

Simon Mwangi
Simon Mwangi
Simon Mwangi is a finance expert and talented freelance writer with a background in banking and accounting. He simplifies complex financial concepts and produces top-quality content on various topics. Follow him on Linkedin to stay up-to-date on his work and connect with him.

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