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{
    "id": 111983,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/111983/?format=api",
    "text_counter": 40,
    "type": "speech",
    "speaker_name": "Mr. Keter",
    "speaker_title": "",
    "speaker": {
        "id": 169,
        "legal_name": "Charles Cheruiyot Keter",
        "slug": "charles-keter"
    },
    "content": "Mr. Speaker, Sir, as I said earlier on, the profit which was made by the KPLC for the six months is about Kshs1.8 billion. Out of that amount, Kshs1.6 billion goes back to network expansion and improvement. That is why we need to improve the transmission lines. Otherwise, with the improvement of distribution, we will have poor quality of power and numerous blackouts. Mr. Speaker, Sir, this profit is about 25 per cent. The KPLC gets funds from the World Bank, the African Development Bank (ADB) and other international institutions which require it to raise equity of up to 30 per cent. The Kshs1.8 billion profit I have talked about is only 25 per cent, and yet the loans repayment and expansion of network cost is about Kshs6.6 billion. Therefore, if we reduce the charges the KPLC will automatically go under."
}