Kenya Electricity Generating Co PLC 2022 IR
The report highlights KenGen's performance for the fiscal year ended June 30, 2022, emphasizing its transition toward a 100% renewable energy future. During the year, the company completed the construction of the 86.3 MW Olkaria I Unit 6 geothermal power plant, increasing its geothermal capacity to 799 MW. KenGen generated 92% of its electricity from renewable sources, including hydro, geothermal, and wind. Financially, the company's revenue increased by 7.5% to KShs 49,226 million, while profit after tax rose by 157% to KShs 4,719 million. Additionally, KenGen registered over 4.6 million tonnes of CO2 equivalent in Certified Emissions Reductions from its Clean Development Mechanism projects.
Company: Kenya Electricity Generating Co PLC
Sector: Utilities
Country: Kenya
Year: 2022
Type: IR
Pages: 260
Kenya Electricity Generating Co PLC
Integrated Annual Report And Financial Statements
The report highlights KenGen's performance for the fiscal year ended June 30, 2022, emphasizing its transition toward a 100% renewable energy future. During the year, the company completed the construction of the 86.3 MW Olkaria I Unit 6 geothermal power plant, increasing its geothermal capacity to 799 MW. KenGen generated 92% of its electricity from renewable sources, including hydro, geothermal, and wind. Financially, the company's revenue increased by 7.5% to KShs 49,226 million, while profit after tax rose by 157% to KShs 4,719 million. Additionally, KenGen registered over 4.6 million tonnes of CO2 equivalent in Certified Emissions Reductions from its Clean Development Mechanism projects.
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Document Details
Report Year
2022
Reporting Period
Jul 1, 2021 - Jun 30, 2022
Fiscal Year
2022
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Net Zero Target
Employees