• Home
  • Business News
  • Weekly Reviews
  • Market Reports
Sunday, June 8, 2025
  • Login
  • Home
  • Business News
  • Weekly Reviews
  • Market Reports
  • Global Markets
  • Commodities
  • Corporate News
No Result
View All Result
The Trading Room
  • Home
  • Business News
  • Weekly Reviews
  • Market Reports
  • Global Markets
  • Commodities
  • Corporate News
No Result
View All Result
The Trading Room
No Result
View All Result
Home Corporate News

Kengen Earns Kes 2.6 Billion From Commercial Innovation Initiatives

Leah Wamugu by Leah Wamugu
in Corporate News
Reading Time: 2 mins read
A A
0
KenGen
Share on FacebookShare on Twitter

Kenya Electricity Generating Company PLC (KenGen) has earned Kes .2.6 Billion in revenues from commercial innovation initiatives over the last nine years.

RELATED POSTS

Equity Group Leads Trade and Investment Mission to Uganda and Tanzania

Equity Group Q1 Profit Falls 4pc to KES 15.4bn

Safaricom to Invest KES 500Mn in Bid to Bolster AI Infrastructure

During the company’s 9th Global innovation seminar, the group reported it has recorded Kes 1.3 million savings from improvement and continuous innovation of ideas.

The Global Innovation Seminar is a forum held by the electricity generating company that focuses on business growth driven by idea generation, creativity, and continuous improvement. The forum brings together employees, local, and international stakeholders. Delegates deliberate and discuss innovative ideas geared towards enhancing the organization’s value proposition and service offering as it continues to execute its mandate and core objectives.

Speaking during the seminar, Energy Cabinet Secretary, Hon. Charles Keter urged the company to continue with its tradition of generating ideas adding that their candle will light the way for other players.

“I look forward to proposals aimed at improving the generation process, reducing overall electricity cost along the supply chain or adding efficiency solutions such as storage of energy as this is what our country is in dire need of.” Energy Cabinet Secretary, Hon. Charles Keter.

KenGen has also reported that they are making good progress on bringing onboard its first solar project of 42MW, which may in future be coupled with its existing hydro generation to utilize both resources efficiently. This comes a few days after the company became the first public service company to join the UN-backed universal campaign to combat global warming.

However, the company reported they are currently focusing on the Olkaria  I Unit 6 geothermal power plant, which is set to launch later this year, adding that at 83.3MW, it will be the single largest geothermal generating unit in Africa.

Speaking during the seminar, KenGen Board Chairman, Gen. (Rtd) Samson Mwathethe said:

Buy JNews
ADVERTISEMENT

“Our focus shall be on efficiency to ensure prudent utilization of resources, resilience in line with the innovation seminar theme and delivering on the promises we make to ourselves and to others. Energy is a core ingredient for any nation’s development, hence the need to step up and deliver in the provision of a reliable resource.” Samson Mwathethe KenGen Board Chairman

 

Post Views: 992
Tags: KenGen PlcRebecca Mianospotlight
Previous Post

Oil Extends Gain as Investors Anticipate on July 1st OPEC+ Meeting

Next Post

Asian Markets Rise, Hong Kong Market Leads Gains

Leah Wamugu

Leah Wamugu

Related Posts

Part of the delegates who participated in the 2025 Tanzania – Uganda Trade and Investment roadshow, during a site visit to GALCO LIMITED, a member of GSM Group Of Companies, in Dar es Salaam.
Corporate News

Equity Group Leads Trade and Investment Mission to Uganda and Tanzania

by The Trading Room
Equity Group
Earnings Update

Equity Group Q1 Profit Falls 4pc to KES 15.4bn

by Felix Ochieng
Cynthia Kropac(R) Chief Enterprise Business Officer Safaricom PLC receives H.E. Minister of Communications and Technology in Somalia - Mohamed Adam to the Safaricom Business Booth. Looking on is H.E. Hon. William Kabogo, Cabinet Secretary, Ministry of Information Communication and Digital Economy in Kenya - during the ongoing Connected Africa Summit 2025 Launch.
Corporate News

Safaricom to Invest KES 500Mn in Bid to Bolster AI Infrastructure

by Rennie Odek
HF Group Plc CEO Robert Kibaara
Earnings Update

HF Group Posts Solid Growth as Q1 Pre-tax Profit Soar 112%

by Githere Eddie
Next Post
Asia traders

Asian Markets Rise, Hong Kong Market Leads Gains

NSE trader

Market Report; 25 June 2021

Global Markets

Global Markets Weekly Review: Week 25, 2021

Advertisement Banner Advertisement Banner Advertisement Banner
ADVERTISEMENT

Most Viewed Posts

  • Tea Farmers Set to Receive Kes 28 Billion as Final Bonus Payment (4,121)
  • 4 Things You Can Do With the Cashlet App to Achieve Your Financial Goals (2,212)
  • Hilda Njeru Takes over at CDSC (2,083)
  • Safaricom Finally Launches eSIM: Here’s What You Need to Know (1,935)
  • KenGen Gets Nod to Sell 4 Million Tonnes of Carbon Credits (1,818)

Follow Twitter

About Us

Follow Us

Popular Tag

Africa Asian - Pacific Stocks Asian Stock Markets Australian Stocks Bitcoin Bonds Kenya Bonds Trading in Kenya Brent Brent Crude Capital Markets Authority Central Bank of Kenya Corona Virus Pandemic Crude Oil Cryptocurrencies Derivatives NSE Derivatives Trading in Kenya Dow Jones Industrial Average Ethereum European Stock Markets Global Economy Global Markets Hang Seng Index Investing in Kenya Investor Briefing Jakarta Stock Exchange Kenya Economy Kospi index MSCI Index Nairobi Securities Exchange NASDAQ New York Stock Exchange Nikkei N225 NSE Oil Futures S&P 500 Index Safaricom Plc Shanghai Composite Shenzhen component spotlight Stock Market Report Stock Market Review U.S. Stock markets US oil Wall Street WTI Oil Index

Recent News

Part of the delegates who participated in the 2025 Tanzania – Uganda Trade and Investment roadshow, during a site visit to GALCO LIMITED, a member of GSM Group Of Companies, in Dar es Salaam.

Equity Group Leads Trade and Investment Mission to Uganda and Tanzania

HF Group Plc CEO Robert Kibaara

Opinion: HF Group Delivering Transformation and Strategic Growth

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 The Trading Room Limited.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
TSLA 
$295.14  3.67%  
GME 
$29.58  0.44%  
MSFT 
$470.38  0.58%  
AAPL 
$203.92  1.64%  
AMC 
$3.40  0.00%  
ABNB 
$140.64  2.44%  
GOOGL 
$173.68  3.25%  
AMZN 
$213.57  2.72%  
No Result
View All Result
  • Home
  • Business News
  • Weekly Reviews
  • Market Reports

© 2025 The Trading Room Limited.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?