Kengen Earns Kes 2.6 Billion From Commercial Innovation Initiatives
Kenya Electricity Generating Company PLC (KenGen) has earned Kes .2.6 Billion in revenues from commercial innovation initiatives over the last nine years.
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:
“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