KenGen rejects bid by Kenya Power to avoid Sh936m fine

Kenya Power had attempted to avoid paying the interest on grounds of Covid-19 disruptions, but KenGen denied the request.
The electricity generating company counts Kenya Power as its only client, making it reliant on the utility company’s ability to pay on time.
KenGen has put in the contract a clause to protect its revenues by charging interest on any outstanding balances that are due 40 days after the end of each year.