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Kenya: Ketraco Signs Sh40.4bn PPP to Expand, Modernise Power Transmission Network

Kenya: Ketraco Signs Sh40.4bn PPP to Expand, Modernise Power Transmission Network

Nairobi — The Kenya Electricity Transmission Company Limited (KETRACO) has signed a Sh40.4 billion ($311 million) Public-Private Partnership (PPP) agreement with a consortium comprising Africa50 and Power Grid Corporation of India, marking a major step in the expansion and modernisation of Kenya’s power transmission network.

The project will be fully financed, implemented, operated and maintained by the private sector, with no public funds committed.

It covers the design, construction,…

Read more on AllAfrica.com

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