Kenya Power and Lighting Co PLC 2022 AR2
The report details Kenya Power's financial and operational performance for the fiscal year ended June 30, 2022. Despite a challenging business environment marked by currency depreciation and a 15% end-user tariff reduction, the company recorded a profit before tax of KSh 5.123 billion. Kenya Power expanded its customer base to 8.92 million by connecting 641,237 new customers and improved its system efficiency to 77.57%. The company also advanced its sustainability initiatives, including greening the grid with 90.5% renewable energy and championing electric mobility and clean cooking.
Company: Kenya Power and Lighting Co PLC
Sector: Utilities
Country: Kenya
Year: 2022
Type: AR2
Pages: 230
Kenya Power and Lighting Co PLC
Annual Report And Financial Statements
The report details Kenya Power's financial and operational performance for the fiscal year ended June 30, 2022. Despite a challenging business environment marked by currency depreciation and a 15% end-user tariff reduction, the company recorded a profit before tax of KSh 5.123 billion. Kenya Power expanded its customer base to 8.92 million by connecting 641,237 new customers and improved its system efficiency to 77.57%. The company also advanced its sustainability initiatives, including greening the grid with 90.5% renewable energy and championing electric mobility and clean cooking.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2022
Reporting Period
Jul 1, 2021 - Jun 30, 2022
Fiscal Year
2022
Published
Apr 26, 2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Renewable Energy
Employees