Sharp Daily
No Result
View All Result
Saturday, August 30, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Masinga dam overflow sparks 14% drop in electricity costs

Brenda Murungi by Brenda Murungi
April 19, 2024
in News
Reading Time: 2 mins read

RELATEDPOSTS

Rainfall expected in several Kenyan regions over the next week

December 18, 2024

Energy Principal Secretary Alex Wachira announced a 14% reduction in electricity costs due to increased water levels at Masinga dam. Wachira expressed optimism for further cost reductions if rainfall continues.

Masinga, the largest water reservoir for power production in Kenya, has surpassed its capacity of 1056.5 cubic metres. The water is flowing at 328 cubic metres per second. The water level is expect to continue rising.

On his part, KenGen Managing Director Peter Njenga noted that increased rainfall leads to more power generation, emphasizing that hydro-generation is the most cost-effective method in Kenya. He highlighted that with higher hydro-generation, consumer costs decrease, with current production at approximately 461MW out of a potential 600MW.

Interior PS, Raymond Omollo, sounded alarm following the overflow at Masinga dam. Dr Omollo said authorities are on high alert, adding that an emergency team comprising county commissioners has been formed to minimise destruction.
The PS said the National Response Centre, under the National Disaster Operation Centre, has been established to monitor the situation. The overflow has led to panic in areas near the dam and those downstream.
Previous Post

NTSA issues directive on school bus inspections and crackdown on illegal vehicles

Next Post

Fatal head-on collision claims six lives on Narok-Mulot road

Brenda Murungi

Brenda Murungi

Related Posts

News

Kick financial goals: Invest with CMMF this football season

August 22, 2025
commercial illustrator
News

Why Kenyan private equity firms should consider continuation funds as an exit strategy

July 23, 2025
Business

Del Monte foods files for bankruptcy in USA

July 3, 2025
News

Private vs Public Pension Funds in Kenya

June 30, 2025
Investments

Investor shift to long term bonds drives oversubscription in CBK’s reopened auction

June 19, 2025
News

The real price of Israel – Iran Conflict for Kenya.

June 19, 2025

LATEST STORIES

The Importance of Including Pension Plans in Corporate Benefits Packages

August 29, 2025

The informal labor market and classical unemployment in the Kenyan context

August 28, 2025

Kenya’s Eurobond yields ease after S&P rating upgrade

August 28, 2025

Kenya’s strategic debt pivot: Smoothing, Strengthening, Sustaining

August 27, 2025

Bank on your paycheck: Invest smart with CMMF

August 26, 2025

Finding Balance: My Journey with Internet Self-Care

August 22, 2025

Why Young Kenyans Cannot Afford to Ignore Private Pensions

August 22, 2025

Strategies for Nairobi to emerge as Africa’s financial hub

August 22, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024