Kenya Power MD Ken Tarus. [Photo/businessdaily]
Nearly 650,000 households are set to benefit from electrical connection after Kenya Power signed new contracts for the connection.The contracts to construct new power lines and transformers will cost Sh30 billion.Kenya Power on Thursday launched the second phase of the government’s mass connectivity project introduced in 2015.Under the program, homes are connected at a subsidized fee of Sh15,000, about half the previous cost.The phase will take 18 months and connect 626,700 homes.The project is jointly funded by loans from the World Bank and African Development Bank.“This project puts us on a firm path towards attaining universal power access by 2020,” said Kenya Power managing director Ken Tarus.The drive, dubbed last mile connectivity project, involves installing transformers and low-voltage lines to reach homes in remote areas.