President Uhuru Kenyatta formed a 15-member task force to review all the power purchase agreements that producers have entered into with Kenya Power with a view to giving the public value for money in reduced tariffs.
Critical to the review is the "take-or-pay" approach. Notably, take-or-pay clauses have dominated power purchase agreements (PPAs) in the local electricity generation sector. A PPA is both a legal and commercial document between a power producer, as the seller, and the wholesale electricity buyer, or off-taker. It is at the heart of any power generation project.
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