Kenya Power and Lighting Co Ltd - Company Profile
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Kenya Power and Lighting Co Ltd (KPLC), owned by the Government of Kenya, is an electric utility. The company transmits, distributes, and retails electricity. The company procures electricity from Kenya Electricity Generating Company Limited (KenGen), independent power producers (IPPs), Uganda Electricity Transmission Company Limited, OrPower 4 Inc and Tanzania Electric Supply Company Limited, Rabai Power Limited, Iberafrica Power (E.A.) Company Limited, Thika Power, Tsavo Power Company Limited, Triumph Power Generating Company Limited, Gulf Power Limited, and Aggreko. KPLC project portfolio includes Kenya Electricity Modernisation Project (KEMP), Last Mile Connectivity Project, Global Partnership on Output Based Aid (GPOBA), Boresha Umeme, Street Lighting Project, and Kenya Offgrid Solar Access Project (KOSAP). It serves electricity to domestic, commercial, industrial, and street lighting customers across the country. KPLC is headquartered in Nairobi, Kenya.
Headquarters
Kenya
Address
Stima Plaza, Kolobot Road, Parklands, P.O. Box 30099, Nairobi, 00100
Website
www.kplc.co.ke
Telephone
254 20 221251
No of Employees
9,655
Industry
Power
Ticker Symbol & Exchange
KPLC (NBO)
Revenue (2023)
$1.6B
21.4%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
-197.9%
(2023 vs 2022)
Market Cap*
$23.9M
Net Profit Margin (2023)
XYZ
-180.7%
(2023 vs 2022)
* As of and is in US$
Kenya Power and Lighting Co Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Electricity | Transmission of Electricity |
| Distribution of Electricity | |
| Smart Meters |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Asset Purchase | In November, the company acquired 140,000 transformers. |
| 2022 | Others | In November, the company announced to issue an update on restoration progress. |
| 2022 | Plans/Strategy | In August, the company announced its plans to start the construction of electric charging centres for electric vehicles in the country. |
Competitor Comparison
| Key Parameters | Kenya Power and Lighting Co Ltd | Kenya Electricity Transmission Co Ltd | Akiira Geothermal Limited | Anergi Africa Developments Ltd | Geothermal Development Co |
|---|---|---|---|---|---|
| Headquarters | Kenya | Kenya | Kenya | United Kingdom | Kenya |
| City | Nairobi | Nairobi City | Nakuru | London | Nairobi City |
| State/Province | - | Nairobi | Nairobi | England | Nairobi |
| No. of Employees | 9,655 | - | - | - | - |
| Entity Type | Public | Government | Private | Private | Government |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Joy Brenda Masinde | Chairman | Executive Board | 2022 | - |
| Rosemary Oduor | Acting Managing Director; Chief Executive Officer | Executive Board | 2021 | 54 |
| Jeremiah Kiplagat | Director - Institute of Energy Studies & Research | Senior Management | - | - |
| Peter Wambua | General Manager - Commercial Services & Sales | Senior Management | - | - |
| Charles Cheruiyot | General Manager - Internal Audit | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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