KenGen pumps Sh15.5 billion into power projects as Olkaria plant nears launch

Kenya Electricity Generating Company (KenGen) invested Sh15.5 billion in capital expenditure in the year ended June 2026, as it moves to expand electricity generation, with a 63-megawatt (MW) geothermal plant at Olkaria awaiting commissioning.The investment rose 14.3 per cent from the previous financial year, reflecting the power producer’s push to increase capacity, improve plant efficiency and meet rising electricity demand while keeping generation costs in check.