New Update
Despite facing protests and opposition from unions until recently over the transfer of management of the country’s primary airport to the Adani Group, led by Gautam Adani, the Kenyan government has confirmed that the conglomerate will construct power transmission lines, as reported by sources.
Kenya Electricity Transmission Company (Ketraco) has granted a concession for a public-private partnership to construct power transmission lines to India's Adani Group and an entity of the African Development Bank, according to a presidential economic advisor, the report said.
David Ndii, the chief economic advisor to President William Ruto, announced through a post on X (formerly Twitter) that the concession is valued at $1.3 billion.
Africa50 is an investment platform focused on infrastructure, operating under the African Development Bank.
In a separate development, the Kenyan government’s plan to lease the country’s principal international airport to the Adani Group has generated public outrage and led to a strike by aviation workers.
The proposal includes leasing Jomo Kenyatta International Airport to the Adani Group for a 30-year term, with the company investing $1.85 billion in the airport’s expansion, the report said.