Kenya Power traces its origins to 1875 when
Seyyied Barghash, the
Sultan of Zanzibar, acquired a generator to light his palace and nearby streets. This generator was acquired in 1908 by Harrali Esmailjee Jeevanjee, a Mombasa-based merchant, leading to the formation of the
Mombasa Electric Power and Lighting Company whose mandate was to provide electricity to the
island. In the same year, Engineer Clement Hirtzel was granted the exclusive right to supply Nairobi city with electricity. This led to the formation of the
Nairobi Power and Lighting Syndicate. In 1922, the Mombasa Electric Power and Lighting Company and Nairobi Power and Lighting Syndicate merged under a new company known as
East African Power and Lighting Company (EAP&L). The EAP&L expanded outside Kenya in 1932 when it acquired a controlling interest in the Tanganyika Electricity Supply Company Limited (now TANESCO) and later obtaining a generating and distribution licenses for Uganda in 1936, thereby entrenching its presence in the East African region. EAP&L exited Uganda in 1948 when the Uganda Electricity Board (UEB) was established to take over distribution of electricity in the country. On 1 February 1954,
Kenya Power Company (KPC) was formed and commissioned to construct the transmission line between
Nairobi and
Tororo in
Uganda This was to transmit power generated at the
Owen Falls Dam to Kenya. KPC was managed by EAP&L under a management contract. In the same year, EAP&L listed its shares on the
Nairobi Securities Exchange. Making it one of the first companies to list on the bourse. EAP&L exited Tanzania in 1964 by selling its stake in TANESCO to the
Government of Tanzania. Due to its presence in only Kenya, EAP&L was renamed the Kenya Power and Lighting Company Limited (KPLC) in 1983. Kenya Power Company de-merged from KPLC in 1997 and rebranded to
Kenya Electricity Generating Company (KenGen) and in 2008, the electricity transmission infrastructure function was carved out of KPLC and transferred to the newly formed
Kenya Electricity Transmission Company (KETRACO). Kenya Power and Lighting Company (KPLC) was re-branded Kenya Power in June 2011. ==Shareholding==