Kenya Power last mile project gets more funding

By KNA

The Government has secured a total of Shs.62.5 billion from various donors to finance the Last Mile Connectivity Project aimed at accelerating national electricity access to 70% by 2017 and achieve universal access by 2020 in line with the country’s development plans.

The initiative is geared towards increasing electricity access to Kenyans across the country.

Energy and Petroleum CS Charles Keter, revealed that the second phase of the project has received Shs.12 billion pledge from the French Development Agency and an additional Shs.7 billion from the European Investment Bank to boost the initial kitty totaling Shs.43.5 billion from the African Development Bank and the World Bank.

Keter was speaking at Lelmokwo High School near Kapsabet town during the commencement launch of the Last Mile Project for Nandi County in North Rift region.

“The commitments bring much needed cash injection to enable the Government and Kenya Power provide subsidy for electricity connections to Kenyans. To the Government, provision of electricity is a critical ingredient to spurring economic development in every part of the country,” Hon. Keter said.

Kenya Power Managing Director and CEO Ben Chumo, said the Last Mile project will support the Company’s efforts to connect more than one million Kenyans to the grid annually as part of its business growth strategy.

Under the programme, households within a 600 metre radius from a transformer will be subsidised at a cost of Sh.15,000.

“While the funds are a loan to the government, the same is on-grant to Kenya Power to be used for implementation. It is therefore critical that the funds are utilized equitably across the country. To be equitable, the funds will be applied to selected transformers across the country, and as much as possible be spread to constituencies,” said Dr. Chumo.

  

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