The Adani Group is negotiating a $900 million deal to enhance Tanzania’s electricity transmission infrastructure.
Bloomberg's report, which cites a senior government official, reveals that the Indian conglomerate, led by billionaire Gautam Adani, plans to build high-voltage power lines through a public-private partnership (PPP).
David Kafulila, executive director of Tanzania’s Public-Private Partnership Centre, confirmed the ongoing discussions.
In addition, Tanzania is also in talks with UK-based Gridworks Development Partners LLP for a separate $300 million power-line project under a PPP arrangement.
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Earlier in June, Adani International Ports Holdings (AIPH), part of the Adani Group, secured a 30-year concession agreement with the Tanzania Ports Authority to operate Container Terminal 2 (CT2) at Dar es Salaam port.
Meanwhile, Adani Group’s subsidiary, Adani Airport Holdings Limited, is embroiled in a controversial $1.85 billion (around Ksh.239 billion) deal with the Kenyan government to expand Nairobi’s Jomo Kenyatta International Airport (JKIA).
This project is stalled following a legal challenge from the Kenya Human Rights Commission (KHRC) and the Law Society of Kenya (LSK). The court hearing is scheduled for October 8.
Simultaneously, Adani is engaged in a Ksh.94 billion contract with the Kenya Electricity Transmission Company Limited to construct 422 kilometers of power transmission lines in Kenya.
The Adani Group has faced numerous controversies, including accusations of fraud, market manipulation, political corruption, tax evasion, environmental harm, and legal battles with journalists. These issues have surfaced in various countries, including Kenya.
