GDC was incorporated in December 2008 and commenced operations in 2009. The creation of GDC was based on the government’s policy on Energy as clearly articulated in Sessional Paper No. 4 of 2004, and the Energy Act No.12 of 2006 which unbundled the key players in the electricity sector to ensure efficiency. GDC is established as a limited company owned by the government of Kenya. The National Treasury and Ministry of Energy & Petroleum are the two shareholders. As required under the Company’s Law, GDC holds annual general meetings. GDC also prepares an annual report in line with the requirements of the Company’s Act.