• Latest
  • Trending
Adani Energy's $900m Kenya power transmission line gets approval

Adani Energy’s $900m Kenya power transmission line gets approval

August 8, 2024
South African investment giant raises caution on Bitcoin ETF risks

South African investment giant raises caution on Bitcoin ETF risks

September 26, 2025
OpenAI’s ChatGPT Pulse now available for Pro users

OpenAI’s ChatGPT Pulse now available for Pro users

September 26, 2025
MSport 2025

MSport 2025: Nigeria’s #1 Sports Betting Site, Powered by Chelsea & BVB

September 25, 2025
MNT-Halan introduces Egypt’s first secure lending solution via Halan App

MNT-Halan introduces Egypt’s first secure lending solution via Halan App

September 25, 2025
Visa, intella partner to boost MENA’s financial institutions with Arabic conversational AI

Visa, intella partner to boost MENA’s financial institutions with Arabic conversational AI

September 25, 2025
Airtel Africa invests in education with 100 scholarships and new tech hubs

Airtel Africa invests in education with 100 scholarships and new tech hubs

September 25, 2025
SINOTRUK enters Libya with Aseel Auto as exclusive distributor in Benghazi

SINOTRUK enters Libya with Aseel Auto as exclusive distributor in Benghazi

September 25, 2025
Tango Brook launches digital card for fuel management

Tango Brook launches digital card for fuel management

September 25, 2025
AI in Nigeria announces 3rd edition of InnovationAI

AI in Nigeria announces 3rd edition of InnovationAI

September 25, 2025
Interswitch Unveils Quickteller Travel to Transform African Travel Experience

Interswitch Unveils Quickteller Travel to Transform African Travel Experience

September 25, 2025
Your one-stop tech hub! Get the latest updates on AI, cybersecurity, fintech, and emerging technologies.
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Tech TV
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
No Result
View All Result
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Tech TV
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
No Result
View All Result
Techpression
No Result
View All Result
Home Technology

Adani Energy’s $900m Kenya power transmission line gets approval

Saibu Grace by Saibu Grace
August 8, 2024
147 3
0
Adani Energy's $900m Kenya power transmission line gets approval
465
SHARES
Share on FacebookShare on TwitterWhatsAppTelegram

Kenya has accepted a $907 million proposal from Adani Energy Solutions, the power distribution division of the Adani Group in India, to construct transmission lines and substations in the nation’s eastern and western regions.

Under a public-private partnership, Adani Energy Solutions, which manages more than 21,000 km of power distribution lines, will construct 5 substations and 371 km of lines.

The arrangement was made in response to public outrage over the specifics of a previous agreement with Adani Airport Holdings to run and repair Jomo Kenyatta International Airport (JKIA).

Read also: Hexing to use tech to close metering gap

RelatedPosts

No Content Available

The project development or feasibility study report, a crucial milestone in the project’s lifecycle, was completed and submitted in May 2024.

Following a thorough review, the report received approval, paving the way for the project to advance to the next stage – contract negotiations.

This significant progress was highlighted in the Treasury’s draft Budget Policy Statement (BPS), outlining the project’s evolution and future trajectory.

Transforming Kenya’s Infrastructure through Adeni Power Transmission Project

The Adani power transmission project is a key component of a comprehensive overhaul aimed at modernising Kenya’s outdated distribution infrastructure.

The primary objective of this initiative is to replace the country’s ageing distribution lines, which inefficiencies and unreliability have plagued.

By revamping the existing infrastructure, the project seeks to minimise energy losses, commonly called ‘leakages’, and significantly reduce the frequency and duration of power outages that have long plagued the country.

This upgrade is expected to enhance the overall efficiency, reliability, and sustainability of Kenya’s power supply, ultimately benefiting households, industries, and the economy as a whole.

With government funding for new roads, power lines, railroads, and airports being reduced due to increasing debt, Kenya has resorted to PPPs for infrastructure projects. Still, concerns have been raised about the process’s transparency and the exorbitant prices of some of the projects.

For example, the Kenya Airports Authority (KAA) verified the $1.85 billion JKIA concession in a local newspaper advertisement after President William Ruto denied knowing about it.

Under the terms of the JKIA agreement, the Adani Group’s hospitality division will have a 30-year concession of the nation’s principal airport, which Kenya has not renounced despite public criticism.

Read also: Rana Solar leads sustainable energy solutions in Nigeria

Adani’s Group recovery: Overcoming fraud accusations and securing new investment

One of Asia’s wealthiest men and the creator of the Adani Group, Gautam Adani, has been eager to grow his infrastructure business into new markets as damaging accusations of corporate fraud fade. Hindenburg Research said the business participated in “brazen” fraud and market manipulation in 2023.

Adani’s listed stocks crashed following a $140 billion sell-off due to the accusations, which the firm refuted. Since then, the stocks have gone up.

The business announced on Monday that it had raised $1 billion in the first share sale since the crisis, with offers coming in from US investors.

Tags: Adani EnergyJKIA
Saibu Grace

Saibu Grace

No Result
View All Result

Quick Links

  • Tech News
  • Cryptocurrency
  • Fintech
  • Startups
  • Business

Follow Us:

  • facebook
  • instagram
  • Twitter(X)
  • Linkedin
  • YouTube
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 Techpression.com -Techpression Media Limited

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in .

No Result
View All Result
  • Home
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Reviews
    • How To
    • General News
  • Cryptocurrency
  • Business
  • Fintech
  • Startups
  • Featured
  • Ai
  • Tech TV

© 2025 Techpression.com -Techpression Media Limited

techpression.com
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

3rd Party Cookies

This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.

Keeping this cookie enabled helps us to improve our website.