{"id":92329,"date":"2024-09-16T17:03:33","date_gmt":"2024-09-16T17:03:33","guid":{"rendered":"https:\/\/chezaspin.com\/blog\/index.php\/2024\/09\/16\/ketraco-finalizing-ksh-94b-power-deal-with-adani-africa50\/"},"modified":"2024-09-16T17:03:33","modified_gmt":"2024-09-16T17:03:33","slug":"ketraco-finalizing-ksh-94b-power-deal-with-adani-africa50","status":"publish","type":"post","link":"https:\/\/chezaspin.com\/blog\/ketraco-finalizing-ksh-94b-power-deal-with-adani-africa50\/","title":{"rendered":"KETRACO finalizing Ksh 94B power deal with Adani, Africa50"},"content":{"rendered":"<p><strong>The Kenya Electricity Transmission Company (KETRACO) is in the final stages of negotiating a privately initiated proposal with Adani Energy Solutions and Africa50 to construct a 625-kilometre high-voltage transmission line.<\/strong><\/p>\n<p>If the proposal is adopted, KETRACO proposes to increase electricity tariffs to service the 30-year loan from Adani Energy Solutions and Africa50.<\/p>\n<p>This comes on the backdrop of three widespread power outages that have been experienced this month. The blackout occurred after the Suswa high-voltage line tripped, disrupting the evacuation of 200MW of power from Ethiopia.<\/p>\n<p>Energy Cabinet Secretary Opiyo Wandayi attributed the frequent blackouts to aging transmission infrastructure and inadequate investment in power transmission.<\/p>\n<p>KETRACO is now seeking $5 billion through public-private partnerships to revamp and expand the electricity transmission network by 10,000 kilometers as well as address system reliability and technical losses.<\/p>\n<p>KETRACO is evaluating ten projects under privately initiated proposals. Two foreign firms, Adani Energy Solutions and Africa50, have expressed interest in developing and managing a 625-kilometre high-voltage transmission line for the next 30 years.<\/p>\n<p>Though negotiations are ongoing, Adani is proposing to build 388 kilometres of transmission lines and substations at Ksh 94.4 billion, with a coupon rate of 9.5pc.<\/p>\n<p>Africa50 is also seeking to construct 388 kilometers of the line through a privately initiated proposal. To service the loan, KETRACO is proposing an increase in electricity tariffs.<\/p>\n<p>The post <a href=\"https:\/\/www.kbc.co.ke\/ketraco-finalizing-ksh-94b-power-deal-with-adani-africa50\/\">KETRACO finalizing Ksh 94B power deal with Adani, Africa50<\/a> first appeared on <a href=\"https:\/\/www.kbc.co.ke\/\">KBC<\/a>.<\/p>\n<p>The post <a href=\"https:\/\/www.kbc.co.ke\/ketraco-finalizing-ksh-94b-power-deal-with-adani-africa50\/\">KETRACO finalizing Ksh 94B power deal with Adani, Africa50<\/a> appeared first on <a href=\"https:\/\/www.kbc.co.ke\/\">KBC<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>The Kenya Electricity Transmission Company (KETRACO) is in the final stages of negotiating a privately initiated proposal with Adani Energy Solutions and Africa50 to construct a 625-kilometre high-voltage transmission line. If the proposal is adopted, KETRACO proposes to increase electricity tariffs to service the 30-year loan from Adani Energy Solutions and Africa50. This comes on [&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-92329","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\/92329","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=92329"}],"version-history":[{"count":0,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/92329\/revisions"}],"wp:attachment":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/media?parent=92329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/categories?post=92329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/tags?post=92329"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}