The government through the Ministry of Energy and Petroleum has started implementing 50 per cent tariff reduction on power cost to industrial and commercial customers.
This follows a directive by the President that aimed at attracting more investors into the country and create job opportunities.
Speaking at Kenyatta University yon Monday during the commissioning of a pilot solar plant at the University, the Cabinet Secretary for Energy and Petroleum, Charles Keter said the government was focusing on encouraging more investors into industrial sector thus the move to lower the tariff.
Keter pointed out that the move that started being implemented from Friday last week is set to open up opportunities for Kenyans to expertise their skills in industries that will be put up in relation to the reduction.
He added that the government was focusing on green energy and thus was investing heavily on it adding that between 80 and 90 percent of energy generated in Kenya was from it.
The CS however, said that the government was still focused on investing on solar and wind energy saying that there are two mega projects on the same including Turkana wind project that will generate 300mw. The project that will be the largest in Africa is set to kick off by June next year.
Keter revealed that the government has licensed five companies to generate solar energy through Kenya Rural Electrification Authority.
He also said they are re-looking at tariffs they charge on institutions and might harmonize the charges to more competitive charges.
The CS was accompanied by the Principal Secretary in the Ministry of energy and Petroleum, Eng. Joseph Njoroge, acting Vice-Chancellor Kenyatta University, Prof. Paul Wainaina, French Minister of Ecological and Inclusive Transition, Nicolas Hulot among others.
Source: Kenya News Agency