Adani Energy to Expand Kenya's Electricity Transmission in $736M Deal
TLDR
- Ketraco partners with Adani Energy Solutions to boost Kenya's electricity infrastructure with a $736 million deal.
- Adani to develop and maintain three transmission lines and two substations over 30 years, transferring ownership to Ketraco.
- Collaboration is part of a $1.3 billion partnership involving Ketraco, Adani Group, and Africa50 for infrastructure development in Kenya.
The Kenya Electricity Transmission Company (Ketraco) has partnered with Adani Energy Solutions to enhance the country’s electricity infrastructure.
The $736 million deal will see Adani develop and maintain three transmission lines and two substations over 30 years, after which the infrastructure will be transferred to Ketraco.
The collaboration forms part of a larger $1.3 billion partnership established in September 2024, involving Ketraco, Adani Group, and Africa50, an infrastructure investment platform backed by the African Development Bank.
Key Takeaways
Kenya’s partnership with Adani Energy and Africa50 marks a significant step in strengthening the country’s power infrastructure. With investments totaling $1.3 billion, this collaboration will increase the reliability of Kenya’s electricity supply, support economic development, and create local business opportunities. The project emphasizes local content through competitive bidding, ensuring Kenyan businesses benefit from the initiative. The government’s assurance that it won’t bear financial costs adds further appeal to the deal, which aligns with Kenya’s long-term development goals.
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