15-January-2025
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Adani Energy's Kenya transmission deals still under talks: Report
17-Sep-2024

The Kenya Electricity Transmission Co. said it’s still in talks with Adani Energy Solutions Ltd. for the construction of three power lines, contradicting a presidential adviser who announced that two companies including the Indian firm had already been awarded deals for as much as $1.3 billion. Adani expressed interest last year to construct 388 kilometers (241 miles) of high-voltage transmission lines, according to the agency, which is known as Ketraco. Initially, the project cost was about $1.01 billion, but the bid was revised to $736.5 million last month, according to Anthony Musyoka, a general manager in-charge of project development at Ketraco.

News Source:- https://www.business-standard.com/companies/news/adani-energy-s-kenya-transmission-deals-still-under-talks-report-124091601096_1.html