Kenya Power & Lighting Company Plc
5.24
KES
+0.18
(+3.56%)
ISIN
KE4000001877
Return %
Stock
S&P 500
1Y
16.19
14.20
3Y
27.49
81.12
5Y
15.16
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Semi-annual Revenue
FRC
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Joseph Siror
- Sector
- Utilities
- Industry
- Electric utilities
- Address
- Nairobi Kenya
- IPO Date
- Apr 24, 1995
- Website
- kplc.co.ke
- Similar Companies
- Business
- Kenya Power & Lighting Company Plc (KPLC) is a Kenya-based electric utility company primarily engaged in the transmission, distribution, and retail sale of electricity throughout the Republic of Kenya. Founded in 1922 and headquartered at Stima Plaza in Nairobi, Kenya, the company operates as the national electric power distributor, with the Government of Kenya holding a 50.09% controlling stake. The company purchases electricity in bulk from state-owned Kenya Electricity Generating Company Plc (KenGen), independent power producers (IPPs), and cross-border regional power pools from Uganda and Ethiopia, transmitting and delivering power across high, medium, and low-voltage networks. Kenya Power & Lighting Company Plc serves over 9.5 million customer accounts across domestic, small and medium enterprise (SME), commercial, industrial, and public sector segments. The company's core offerings are organized into several principal products and service categories: electricity distribution and retail supply, comprising residential, commercial, and heavy industrial power delivery; metering and billing solutions, including prepaid token management systems, postpaid electricity billing, and automated smart metering services; connectivity and grid infrastructure services, encompassing new customer electricity connections, the Last Mile Connectivity Project (LMCP), substation engineering, and national grid extensions; telecommunications infrastructure leasing, offering dark fiber optic capacity and lit data carriage along its transmission and distribution lines to telecommunications operators and internet service providers; public lighting solutions, covering the design, installation, retrofit, and maintenance of street and public lighting systems; and e-mobility enablement, providing dedicated electric vehicle (EV) charging infrastructure, specialized e-mobility billing tariffs, and grid integration services for transport electrification. In recent major company developments, Kenya Power & Lighting Company Plc has been executing its 2023/24–2027/28 Strategic Plan focused on operational modernization, non-technical loss reduction, and financial sustainability. The company has accelerated the nationwide rollout of Advanced Metering Infrastructure (AMI) smart meters across commercial, industrial, and SME accounts, while deploying optical character recognition (OCR) digital meter-reading systems to enhance revenue collection and billing precision. In supporting the national clean energy transition, the company has expanded its e-mobility operations by launching commercial public EV charging hubs, installing corporate charging points, and operationalizing dedicated e-mobility tariffs approved by the Energy and Petroleum Regulatory Authority (EPRA). The company has also expanded the national grid to previously off-grid regions, including connecting Lodwar and Turkana County to the national grid, while modernizing substation networks across coastal and western Kenya. Operationally and structurally, Kenya Power & Lighting Company Plc has advanced the phased transfer of designated high-voltage transmission assets to the state-owned Kenya Electricity Transmission Company (KETRACO), restructured its debt portfolio to lower financing costs, and resumed shareholder dividend distributions following a significant turnaround in working capital and net profitability.