Kenya Electricity Generating Co PLC 2024 IR
The report highlights KenGen's performance and sustainability achievements for the fiscal year ended June 30, 2024. The company reported a 35% growth in profit after tax to Ksh 6.80 billion, driven by a 4% increase in electricity units sold, supported by hydroelectric generation. KenGen successfully reduced its thermal installed capacity by 53% through the retirement of fossil fuel plants, increasing its renewable energy generation share to over 93%. Additionally, the company exceeded its environmental targets by planting 650,647 tree seedlings and continued its regional expansion in geothermal services across Africa.
Company: Kenya Electricity Generating Co PLC
Sector: Utilities
Country: Kenya
Year: 2024
Type: IR
Pages: 266
Kenya Electricity Generating Co PLC
Integrated Annual Report & Financial Statements
The report highlights KenGen's performance and sustainability achievements for the fiscal year ended June 30, 2024. The company reported a 35% growth in profit after tax to Ksh 6.80 billion, driven by a 4% increase in electricity units sold, supported by hydroelectric generation. KenGen successfully reduced its thermal installed capacity by 53% through the retirement of fossil fuel plants, increasing its renewable energy generation share to over 93%. Additionally, the company exceeded its environmental targets by planting 650,647 tree seedlings and continued its regional expansion in geothermal services across Africa.
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Document Details
Report Year
2024
Reporting Period
Jul 1, 2023 - Jun 30, 2024
Fiscal Year
2024
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
Women on Board
Net Zero Target
Employees