KenGen Hints at Possible Drop in Power Prices as Hydro Generation Surges Nationwide

The Kenya Electricity Generating Company (KenGen) has indicated a potential drop in electricity costs due to a significant rise in water levels at hydroelectric dams. Hydro generation exceeded expectations, reaching 11.7 million kilowatt-hours on April 28, with stable reservoir levels reported. Acting MD and CEO Ahmed Issack stated that these conditions could impact electricity pricing trends in the coming months.