Industrial Attachement Report

KENYA ELECTRICITY GENERATING COMPANY

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KenGen

UNIVERSITY OF NAIROBI

INDUSTRIAL ATTACHMENT REPORT

2ND JULY 2012 - 31ST AUGUST 2012

STUDENTS NAME: KAMAU MOFFAT MWAURA

COURSE NAME : ACTUARIAL SCIENCE

REG NUMBER: IO7/36300/2010

ABSTRACT

This report describes the internship I spent at Kenya Electricity Generating Company Ltd, Insurance Department.

The report will give a brief description about the industrial attachment.

I thank the Almighty God for granting me this great opportunity to learn and grow in the field of my career.

This attachment has brought me to a close touch with matters pertaining to insurance, which cannot be obtained in an ordinary class environment.

Special thanks to Kenya Electricity Generating Company Ltd for the opportunity and the Insurance

Department team who helped me acquire the necessary knowledge.

Finally I thank my family for their continued support and encouragement during the span.

NAME: MOFFAT M. KAMAU

REG. NUMBER: IO7/36300/2010

SIGNATURE: DATE:

This project has been submitted for examination with approval from the supervisor.

Kenya Electricity Generating Company (KENGEN) NAME:

SIGNATURE: DATE:

Kenya Electricity Generating Company, KenGen is the electric power generator in Kenya, Producing about 80 percent of electricity consumed in the country.

The company uses various sources to generate electricity ranging from hydro, geothermal, thermal and wind. Hydro is the leading source, with an installed capacity of 761.28 megawatts, which is about 53% of the country’s total installed capacity. It sells the power in bulk to Kenya Power and Lighting Company (KPLC) which distributes to consumers.

The company is now operating on a liberalized market and is in direct competition with five Independent Power Producers who...