Search

KETRACO Seeks 36% Revenue Slash in Adani Power Deal to Curb Electricity Costs

Allen dreyfus Logo
© Allen Dreyfus
  • Adani Group and KETRACO in negotiations over revenue requirements
  • Project to involve construction of high-voltage transmission lines and substations

Nairobi, Kenya – Kenya Electricity Transmission Company Limited (KETRACO) is pushing for a 36% reduction in the revenue requirement for a proposed investment deal with India’s Adani Group, aiming to prevent a potential spike in electricity costs for Kenyan consumers.

Recent Business

Bond trading. @ Unsplash
Mali defies political risk with oversubscribed $73mn WAEMU bond sale
Read More »
Photo by Crystalweed cannabis @ Unsplash
South Africa eyes $11bn hemp market by enacting cannabis plant law
Read More »
Kampala, Uganda. Photo by Random Institute @ Unsplash
World Bank lifts Uganda funding ban, unlocking $2.76bn amid debt alarms
Read More »

Recent Politics

Tilembeya, Mopti, Mali. Photo by Kagou Dicko @ Unsplash
IMF backs Mali reforms despite insecurity and debt risks
Read More »
A public school in Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Nigeria shuts schools in northern region as mass kidnappings surge
Read More »
Yaoundé, Cameroon © Unsplash
Cameroon opposition leader Tchiroma flees to Gambia after disputed election
Read More »

Latest Posts

Latest news insights