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October 16, 2024
PI Global Investments
Infrastructure

India’s Adani Signs Kenya Power Line Infrastructure Deal


By Semafor Africa

Photos: YouTube Screenshots\Wikimedia Commons

Indian conglomerate Adani Group signed a $738 million deal to build and operate power lines in Kenya for 30 years. It will transfer the infrastructure to Kenya’s government after that period.

Kenya’s government has argued that the deal is a solution to address the country’s aging power transmission infrastructure. Capacity constraints, due to increased energy consumption by businesses and individuals, have been blamed for power outages in recent years.

The agreement between Adani Energy Solutions and state-owned Kenya Electricity Transmission Company comes despite mounting criticism of public-private partnerships being negotiated with the Indian conglomerate.

Adani’s proposal to operate Kenya’s largest airport — Jomo Kenyatta International Airport — under a 30-year concession has been particularly controversial. That proposed deal was suspended last month by a Kenyan court.

Martin K.N Siele in Nairobi



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