Search

Adani Group Seeks Tariff Hike After Securing $736 Million Deal with KETRACO

  • Adani Energy Solutions aims to raise wheeling charges, increasing power costs in Kenya
  • The $736 million transmission line project faces inflation risks and public scrutiny

Nairobi, Kenya – Adani Group is seeking approval to raise electricity tariffs following the finalization of a $736 million (Ksh94.9 billion) deal with Kenya Electricity Transmission Company Limited (KETRACO) to construct, operate, and maintain high-voltage transmission lines.

You need an active subscription to continue reading this article.

Recent Business

breaking_news
Côte d’Ivoire Inflation Slows to 0.5 %, a Five‑Year Low
Read More »
generic-1-1024x683
Egypt Cuts Key Rates by 225 Basis Points, Opening a Long‑Awaited Easing Cycle
Read More »
guilherme-cunha-4zwozQxDbD4-unsplash-2
Contract Impasse Halts $650 Million Temane Gas Plant in Mozambique
Read More »

Recent Politics

generic-1-1024x683
Militant Group Claims Pipeline Attacks in Niger Delta, Escalating Political Tensions
Read More »
yonko-kilasi-juex154AuVA-unsplash
Kenya Moves to Broaden Money Laundering Oversight in Exit Bid
Read More »
generic-1-1024x683
Tinubu’s Emergency Rule in Rivers Sparks Constitutional Backlash
Read More »

Latest Posts

Latest news insights