Power Grid Corporation of India Limited (POWERGRID) has incorporated a Special Purpose Vehicle (SPV) in Kenya for the Kenya Transmission Public-Private Partnership (PPP) Project. The entity, Mwanga Transmission Company Limited, has been registered as a private limited company under the Kenyan Companies Act, 2015. The Certificate of Incorporation was issued by the Registrar of Companies…
Kenya Power has announced an investment of KES1 billion to expand and enhance electricity infrastructure across eleven counties in the Nyanza and western regions. The funds will support the construction of new power lines to meet growing demand and improve reliability. The investment covers both completed and ongoing projects in Kisumu, Homabay, Migori, Siaya, Nyamira,…
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…
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…
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…
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…
Evren secures $600 million for 1 GW FDRE hybrid projects Evren, a platform launched by Brookfield in India as a joint venture with Axis Energy, has secured approximately $600 million to develop its Firm and Dispatchable Renewable Energy (FDRE) hybrid project in Andhra Pradesh and Rajasthan. The 1 GW project combines solar, wind, and battery…
Adani Group has confirmed that its power purchase agreement (PPA) with the Sri Lankan government for wind power projects remains intact, countering a report by AFP that suggested its cancellation. According to Reuters, despite recent reviews by Sri Lankan authorities, the agreement involving Adani’s 484MW wind power projects in Mannar and Pooneryn is unaffected. The…
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…
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…