Kenya Seals KSh95.68 Billion Power Project Deal with Adani
Kenya Electricity Transmission Company Limited (KETRACO) has signed a new deal with Adani Energy Solutions for the development of transmission lines and sub-stations.
According to a statement from Opiyo Wandayi, the Cabinet Secretary for Energy and Petroleum, ”the agreement marks the beginning of a transformative initiative to develop, finance, construct, operate, and maintain key transmission lines and substations across Kenya.
As part of this infrastructure development, Adani will raise all the funding in the form of debt and equity that will be repaid over the 30 years of the project agreement.
The CS says the project cost, which is currently estimated at KShs 95.68 Billion (USD 736m) will be crystallised through a competitive bidding process, that will be jointly handled by KETRACO and Adani.
He adds that this is to ensure significant value for money for the country.
”The competitive bidding process will prioritise local content and ensure that we prioritise business opportunities for Kenyans”
This undertaking targets the development of the following:
- 400kV (Double-Circuit) Gilgil-Thika-Malaa-Konza Line: Spanning 208.73 km, this line will include new substations at Gilgil, Thika, and Malaa, as well as substantial extensions at Konza.
- 220kV Rongai-Keringet-Chemosit Line: Covering 99.98 km, this line will include substations at Rongai, Keringet, and Chemosit.
- 132kV Menengai-Ol Kalou-Rumuruti Line: A 89.88 km line with substations at Menengai, Ol Kalou, and Rumuruti.
- 400/220kV Substation at Lessos: Critical for supporting the 400kV transmission network and enhancing regional power stability.
- 132/33kV Substation at Thurdibuoro: Expanding the local distribution grid, providing much-needed power to underserved areas.
- 400kV (Double-Circuit) Gilgil-Thika-Malaa-Konza Line · 220kV Rongai-Keringet-Chemosit Line · 132kV Menengai-Ol Kalou-Rumuruti Line · 400/220kV Substation at Lessos · 132/33kV Substation at Thurdibuoro.
”This project is aligned with the Government’s objective of expanding access to electricity across the country, minimise transmission losses and address blackouts. ” The CS says.
”We believe this initiative will not only bolster our energy infrastructure but also contribute to the economic and social transformation of the country,” he adds.
