Key Highlights
Up to KShs. 258 million investment in putting up electric vehicle (EV) charging stations and purchase of electric vehicles and motorcycles in the next three years.
EV charging station set up at Stima Plaza at a cost of KShs.6.5 million.
KSHs.20 million annual budget to set up additional EV charging stations in various locations across the country.
Two heavy-duty electric vehicles were acquired at a cost of KShs.18 million.
Nairobi, Monday, 22nd April 2024... Kenya Power will invest up to KShs.258 million in the next three years to drive the uptake of electric vehicles in the country. The investment includes the cost of setting up charging stations at various locations across the country and the purchase of electric vehicles and motorbikes to aid company operations.
As part of this plan, today, the Company has launched an electric vehicle (EV) charging station located at Stima Plaza, which has been set up at a cost of KShs.6.5 million. The charging station comprises two chargers; a 50 kW DC (1 hour charging time) and a 22 kW AC (2 hour charging time) charger. It is the second EV charging station that is owned by Kenya Power after a similar one that is located at the Ruaraka Depot which hosts the Company’s transport section.
“The future of transport in electric and as a Company, we are very excited to be leading the conversations around E-mobility. Alongside our need to charge our electric vehicles, we intend to use our EV charging stations to collect data that will inform the next steps of our support to the growing E-mobility industry,” said Kenya Power’s Managing Director & CEO, Dr. (Eng.) Joseph Siror.
In addition to the EV charging station located at Stima Plaza, Kenya Power will install 9 other charging stations by the end of July 2024 at various Company offices across the country including; Donholm, Nakuru, Mombasa, Mtito Andei, Kisumu, Eldoret, Roysambu, Electricity House Nairobi and Ragati.
“We have set aside an annual budget of KShs.20 million to set up EV charging stations at all our offices across the country. Beyond the additional charging stations that we intend to put up in the current financial year, we intend to install 10 additional facilities annually in 2025 and 2026,” said Dr. (Eng) Siror.
Alongside the EV charging station, Kenya Power has also launched two electric heavy-duty vehicles that will be deployed for routine operations. The vehicles were purchased at a cost of KShs.18 million. The Company intends to scale the number of electric vehicles in its fleet through the purchase of an additional 9 electric vehicles (heavy and light duty) and 25 electric motorcycles by the end of December 2024.
In 2021, Kenya Power completed the pilot of 13 electric motorcycles in its fleet in partnership with UNEP, an exercise that offered invaluable lessons on E-mobility. Before this exercise, the Company piloted the use of electric-powered forklifts and pallet stackers at its warehouses for two years between the year 2016 and 2018.
The Company is now implementing the E-mobility tariff that was approved by the Energy and Petroleum Regulatory Authority during the recent electricity tariff review as part of its initiatives to drive the uptake of electric vehicles, motorcycles and bicycles.
To further accelerate the uptake of E-mobility, the Company has championed the annual E-mobility Conference that brings together players in the industry to deliberate on a framework that will promote the growth of the sector.
About Kenya Power
The Kenya Power and Lighting Company Plc (Kenya Power) is a publicly listed company, and the country’s only electricity off taker that transmits, distributes and retails power to customers throughout Kenya.
In the period between 1922 to date, Kenya Power has extended its transmission and distribution network across the country, covering over 306,00 kilometres. As at December 2023, the Company had over 9.5 million accounts and had enabled over 76% of the country’s population to access the national grid.
The Company’s vision is to be Kenya’s energy solutions provider of choice by sustainably supplying quality and reliable service to power people for better lives to support the country’s socio-economic development using innovation and leveraging on technology.
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