Adani deal with KETRACO
Adani deal with KETRACO

The High Court in Nairobi has issued conservatory orders suspending the KSh 95.6 billion deal Kenya Electricity Transmission Company (KETRACO) signed with Adani Solutions Limited.

The orders were issued by Justice Bahati Mwamuye, citing concerns over the secrecy of the deal, public participation and constitutional compliance.

The Law Society of Kenya had moved to court, challenging the deal. The case will be heard on November 11,2024.

In the deal, the Indian firm will construct, operate and maintain electricity transmission lines and substations in a move aimed at curbing power blackouts.

According to the project agreement seen by TUKIO.co.ke, Adani will raise all the KSh 95.7 billion funding in the form of debt and equity that will be repaid over 30 years.

The deal will prioritise the execution of the following projects:

400kV (Double-Circuit) Gilgil-Thika-Malaa-Konza Line

220kV Rongai-Keringet-Chemosit Line

132kV Menengai-Ol Kalou-Rumuruti Line

400/220kV Substation at Lessos

132/33kV Substation at Thurdibuoro

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