Investment Strategies By Kenya Power And Lighting Company Within The Power Distribution Sector
The main purpose of the study is to determine the investment strategies used by Kenya Power and Lighting Company within the power distribution sector. Adequate investment in capacity and efficient working of transmission and distribution systems in developing economies with high growth of electricity demand are important objectives. The literature review available on investment strategies within the power distribution sector have been captured and the theoretical underpinnings of investment strategies. In many developing countries, the electricity system is too weak to meet growing demand and the availability and reliability of generating capacity is inadequate. Protracted mismanagement, political interference, subsidized pricing, and corruption all undermine the ability of developing electricity supply industries to finance and deliver service or attract new private investment. Spot market pricing is a sufficient condition for an efficient level of investment. Data was collected using interview guides administered to senior managers within the company. This involved sample selection and description, research design, population and sampling design, data collection methods, tools and procedures, and data analysis and reporting. The data was obtained from the various management team members belonging to different departments analyzed and compared against each other in order to get more revelation on the issues under study. The study recommends that electricity sub sector, costs should be reduced and electricity tariff setting harmonized and enhancing information asymmetry between policy makers, deliberate measures to improve penetration of renewable technologies, regulators, providers and consumers. The study suggest further research on Investment Strategies by Kenya Power and Lighting Company within the Power distribution sector to supplement the findings of this study by v providing information on evaluation of Kenya Power and Lighting Company within the Power distribution sector.