Energy and Petroleum Cabinet Secretary Opiyo Wandayi has announced a significant deal between the Kenya Electricity Transmission Company Limited (KETRACO) and India’s Adani Energy Solutions Limited.
The agreement, valued at Ksh. 95.68 billion (USD 736 million), aims to enhance Kenya's power infrastructure by developing, financing, and operating key transmission lines and substations nationwide.
This project seeks to address the persistent power outages that have plagued Kenya, ensuring more reliable electricity access to support its rapidly growing economy and industrialization goals.
Did you read this?
Wandayi highlighted that the project will be entirely funded by the private sector, with Adani Energy Solutions raising both debt and equity. Adani will manage the project for the next 30 years before it is handed over to KETRACO.
He emphasized that the Kenyan government would not bear any financial burden from the deal, as it was awarded through a competitive bidding process that ensures value for money.
KETRACO conducted extensive due diligence and stakeholder consultations before finalizing the agreement to ensure the project's success.
Key components of the project include the construction of the 400kV Gilgil-Thika-Malaa-Konza line, the 220kV Rongai-Keringet-Chemosit line, the 132kV Menengai-Ol Kalou-Rumuruti line, and two critical substations: the 400/220kV substation in Lessos and the 132/33kV substation in Thurdibuoro.
These initiatives aim to improve power distribution, minimize transmission losses, and support the country's development goals.
Wandayi noted that this investment will boost local economies, create job opportunities, and empower communities through enhanced electricity access, thus driving economic growth at the grassroots level.
