State turns to Infrastructure Fund for Sh30bn energy projects
National Treasury and Economic Planning CS John Mbadi escorted to Parliament Buildings under heavy security ahead of the 2026/2027 Budget reading on June 11, 2026.
Days after freezing a tariff review that was meant to raise the money, Kenya is now banking on the recently created National Infrastructure Fund (NIF) to raise much of the Sh30.9 billion allocated in the fiscal year starting July 1 to revamp the national electricity grid and other projects.
John Mbadi, the Treasury CS, said that part of the allocation is Sh7.5 billion to upgrade the national grid and ease transmission and distribution issues that have affected supply amid a surge in connections and demand.
