{"id":100374,"date":"2024-10-25T20:02:53","date_gmt":"2024-10-25T20:02:53","guid":{"rendered":"https:\/\/chezaspin.com\/blog\/index.php\/2024\/10\/25\/court-suspends-adanis-sh95-billion-energy-deal-with-kenya\/"},"modified":"2024-10-25T20:02:53","modified_gmt":"2024-10-25T20:02:53","slug":"court-suspends-adanis-sh95-billion-energy-deal-with-kenya","status":"publish","type":"post","link":"https:\/\/chezaspin.com\/blog\/court-suspends-adanis-sh95-billion-energy-deal-with-kenya\/","title":{"rendered":"Court Suspends Adani\u2019s Sh95 Billion Energy Deal With Kenya"},"content":{"rendered":"<p><strong>NAIROBI Kenya, Oct 25 \u2013 <\/strong>The High Court has suspended the Sh95 billion agreement between Kenya\u2019s Ministry of Energy and Adani Energy Solutions for constructing and operating key electricity transmission infrastructure. Justice Bahati Mwamuye, in a ruling on Friday, barred both parties from advancing the deal until further notice.<\/p>\n<p>Justice Mwamuye directed the Respondents to file and serve responses to both the Application and Petition by November 1, with a court mention scheduled for November 11 to confirm compliance and set further directions for the expedited hearing.<\/p>\n<p>The deal, signed on October 12 by the Kenya Electricity Transmission Company Limited (KETRACO) and Adani, entails Adani building and managing four major transmission lines and two substations for 30 years before transferring them back to Kenya.<\/p>\n<p>President William Ruto defended the partnership on Thursday amid public criticism, positioning it as a strategic alternative to loans or tax hikes. Ruto argued that public-private partnerships are essential for Kenya\u2019s development, citing the Nairobi Expressway as an example of successful collaboration. <\/p>\n<p>\u201cTo unlock the country\u2019s resources, we need private sector investment, which leads to a win-win outcome,\u201d he said in Nakuru during the launch of Kenya\u2019s third geothermal power plant in Menengai.<\/p>\n<p>Adani, an Indian multinational, has faced scrutiny in Kenya over past controversies in other countries. Despite this, Energy Cabinet Secretary Opiyo Wandayi confirmed that the Sh95 billion deal followed four months of negotiations, with Adani set to construct key infrastructure such as the 400kV Gilgil-Thika-Malaa-Konza line (208.73 km) and the 220kV Rongai-Keringet-Chemosit line (approximately 100 km), as well as new substations at key locations.<\/p>","protected":false},"excerpt":{"rendered":"<p>NAIROBI Kenya, Oct 25 \u2013 The High Court has suspended the Sh95 billion agreement between Kenya\u2019s Ministry of Energy and Adani Energy Solutions for constructing and operating key electricity transmission infrastructure. Justice Bahati Mwamuye, in a ruling on Friday, barred both parties from advancing the deal until further notice. Justice Mwamuye directed the Respondents to [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-100374","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/100374","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/comments?post=100374"}],"version-history":[{"count":0,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/100374\/revisions"}],"wp:attachment":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/media?parent=100374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/categories?post=100374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/tags?post=100374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}