The power transmission project will enable the improvement of power transmission in Western Kenya and further expand Africa’s power transmission networks. Power Grid Corporation will provide technical and operational know-how while Africa50 will bring its project development and finance expertise.
January 28, 2022
Power Grid Corporation of India Limited (PGCIL) has signed a joint development agreement to develop a power transmission project in Kenya on a Public-Private Partnership (PPP) basis. The contract has been signed with Africa50 – which is an infrastructure investment platform.
“The project entails the development, financing, construction, and operation of the 400 kV Lessos – Loosuk and 220 kV Kisumu – Musaga transmission lines under a PPP framework. Once completed, the project will be the first Independent Power Transmission (IPT) in Kenya and will set a reference point in Africa as the first financing of transmission lines on a PPP basis,” the Power Ministry said in a statement.
This project will enable the improvement of both the supply and reliability of power transmission in Western Kenya and further create a favourable environment for private sector investments in the expansion of Africa’s power transmission networks.
The Indian transmission company will provide technical and operational know-how to the project, while Africa50 will bring its project development and finance expertise, acting as a bridge between the Kenyan government and private investors.
Chairman and Managing Director of Power Grid, K. Sreekant, said, “Power Grid hopes that the present transmission project in Kenya shall serve as a Model for undertaking more such projects in Kenya as well as other African countries.”