Africa50

ENERGY

KETRACO signs Sh40.4Bb PPP deal to expand power transmission network

The Kenya Electricity Transmission Company (KETRACO) has today signed a landmark Sh40.4 billion ($311 million) Public-Private Partnership (PPP) agreement with a consortium comprising Africa50 and the Power Grid Corporation of India. The deal, finalized on Monday, marks a significant shift in Kenya’s energy infrastructure strategy following the cancellation of the controversial Adani Energy Solutions partnership in November 2024. The agreement…