Adani Energy Solutions Limited (AESL) has acquired Progressive Grid Networks Limited (PGNL) in Kenya to explore power transmission opportunities across East Africa. PGNL’s initial share capital stands at KES 1 billion, divided into 100,000 ordinary shares valued at KES 1,000 each. Through this acquisition, AESL secures full ownership by acquiring 100 per cent of the shares through cash consideration.
The Kenya Electricity Transmission Company Limited (KETRACO) has completed a new 132/33 kV substation in Loitoktok, Kajiado County, aimed at improving reliable power delivery to Merrueshi, Loitoktok, and surrounding areas. Alongside this development, KETRACO plans to extend the existing 132/33 kV substation in Sultan Hamud, Makueni County, to further stabilize the regional grid. China Aerospace Construction Group Limited is overseeing the project, with funding provided by the EXIM Bank of China and the Government of…
Kenya’s high court has suspended a $736 million agreement between state-owned Kenya Electrical Transmission Company (KETRACO) and Adani Group’s Adani Energy Solutions to develop and operate power infrastructure, including transmission lines. The suspension follows a legal challenge by the Law Society of Kenya, which has criticized the agreement as “a constitutional sham” and “shrouded in secrecy.” The Law Society claims that KETRACO and Adani Energy Solutions did not fulfill public participation requirements, a mandate under…
Adani Energy Solutions Ltd (AESL) has signed an agreement with the Kenya Electricity Transmission Company Ltd (Ketraco) to build, finance, and operate key transmission lines in Kenya for 30 years. This initiative aims to upgrade Kenya’s transmission infrastructure to ensure a more reliable power supply amid persistent blackouts. The project, estimated at KSh 95.68 billion (USD 736 million), will be funded through a combination of debt and equity raised by AESL. The Kenyan government will…
Kenya Electricity Transmission has entered into a $1.3 billion public-private partnership (PPP) with India’s Adani Group and Africa50, the infrastructure investment platform of the African Development Bank (ADB). The partnership aims to enhance Kenya’s power transmission infrastructure, with the concession awarded to build transmission lines confirmed by David Ndii, chief economic adviser to President William Ruto.
During the World Climate Action Summit at COP29, six countries—El Salvador, Kazakhstan, Kenya, Kosovo, Nigeria, and Türkiye—endorsed the global commitment to triple nuclear energy capacity by 2050, bringing the total to 31 signatory nations. Initiated by France with 20 countries at COP28, the pledge underscores nuclear energy’s critical role in limiting global warming to 1.5°C per the Paris Agreement. World Nuclear Association (WNA) Director-General Sama Bilbao y León celebrated the new signatories, emphasizing nuclear energy’s…
Global: ACCA report warns of inadequate climate preparedness among businesses. EnBW to install a 100 MW battery storage system in Marbach, Germany. ScottishPower signs £1 billion deal with Siemens Gamesa for East Anglia 2 offshore wind farm. Entrion Wind secures US patent for FRP monopile technology. SPPC awards 7.2 GW power project contracts under Saudi Vision 2030. Energy Vault to build a 57 MW battery storage project in Texas. Nexans to sell AmerCable to Mattr…
One year after the COP28 pledge to double global energy efficiency by 2030, a report from the International Energy Agency (IEA) reveals that countries are falling short of this goal. The IEA’s Energy Efficiency 2024 report shows that global primary energy intensity—a core energy efficiency metric—is set to improve by around 1% in 2024, the same rate as in 2023, far below the 4% target needed by 2030. At COP28, nearly 200 countries committed to…
Global: IEA report forecasts US$2 trillion clean energy market growth, challenging oil industry dominance. Germany to bury nuclear waste, but toxic dispute remains unresolved. UK Government confirms rise in oil and gas headline tax alongside investment in clean energy. Asia to spend over USD 20 billion on EVs, according to a report. Moroccan government partners with Total Energies H2 for the ‘Chbika’ green hydrogen project. Blykalla and ABB partner to develop an SMR pilot facility…
The Power Transmission & Distribution (PT&D) division of Larsen & Toubro (L&T) has won significant new orders to expand and strengthen high-voltage electricity grids across the Middle East and Africa. These orders include implementing an Energy Management System to enhance national electricity networks. One notable contract involves a consortium-led project with a leading equipment manufacturer to build Kenya’s National System Control Centre. This transmission hub will play a key role in managing power flow, integrating…
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