Two firms eye substation, power transmission deals
Workers connect high-voltage power lines. The two firms, Africa 50 and Adani Energy Solutions Limited, are proposing to put up 625km of high-voltage power lines.
Africa 50 and Adani Energy Solutions are proposing to put up 237km and 388km of high-voltage power lines, respectively.
The two projects are estimated to cost $1, 220.25 million cumulatively, said the Treasury in the Draft 2024 Budget Policy Statement.
Two private companies have lined up power transmission line and substation projects worth Sh187.1 billion under Public Private Partnership (PPP) agreements with the government, raising hopes of improving the country’s shaky grid that has been blamed for frequent power outages.
Disclosures by the National Treasury show that Africa 50 and Adani Energy Solutions Limited are proposing to put up 237km and 388km of high-voltage power lines, respectively.
