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{
    "id": 105134,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/105134/?format=api",
    "text_counter": 19,
    "type": "speech",
    "speaker_name": "Eng. M.M. Mahamud",
    "speaker_title": "The Assistant Minister for Energy",
    "speaker": {
        "id": 373,
        "legal_name": "Mohammed Maalim Mahamud",
        "slug": "mohammed-mahamud"
    },
    "content": " Mr. Speaker, Sir, I apologize that the written answer here refers to the Member for Khwisero, Mr. Bulima, who I do not think even exists. I think the hon. Member is called Mr. Akula but I apologize. In fact, I have taken up this matter with my Office and I told them that this is serious. Nevertheless, Mr. Speaker, Sir, I beg to reply. (a)The REA and the KPLC, although separate entities with different mandates have a working relationship in all rural electrification projects. The REA aims at increasing access and connectivity levels within the rural areas by extending the grid network and offering off-grid solutions considered commercially unviable. Upon completion of projects by REA, they are handed over to the KPLC for operation and maintenance. The KPLC is responsible for procuring power, managing, operating and maintaining the transmission and distribution network and retaining power to customers. (b) No funds have been paid by my Ministry to the KPLC through the REA to date. (c) There has been no privatization of the KPLC as mentioned. The fact of the matter is that the KPLC Ltd was incorporated in 1922 as a private company and listed in the Nairobi Stock Exchange (NSE) in 1954. The Government of Kenya bought shares between 1960 and 1975 in order to influence the company’s policy so as to diversify power supply to different parts of the country. As documents on the payment of dividends from earlier years up to 1997 had not been computerized and, therefore, been archived, it will take a while to dig out details of the dividends paid prior to this date. However, dividends paid since 1998 have been computerized. Information obtained from the KPLC indicate that between 1998 and 2010, the Government of Kenya being the largest single shareholder has been paid a total sum of Kshs1,075,919,951.90 and with the other six main shareholders receiving a total of Kshs541,482,019.84 as dividends."
}