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

olumide-bamgbelu-Ciba8rvHYng-unsplash
Can Africa’s $2tn instant payments boom transform its digital economy?
Read More »
Langstrand, Namibia. Photo by Grant Durr @ Unsplash
Namibia holds rates at 6.50% as inflation steadies but producer costs surge
Read More »
Farm produce being exported. Photo by Shelley Pauls @ Unsplash
Rwanda’s horticulture exports up 27% to give economy $54mn boost
Read More »

Recent Politics

William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Ruto strengthens 2027 re-election bid as UDA sweeps key Kenya by-elections
Read More »
Ghana President John Mahama. Photo courtesy: Office of the President/Facebook
Ghana’s $1.1bn presidential jet plan reignites debate over cost and priorities
Read More »
Tilembeya, Mopti, Mali. Photo by Kagou Dicko @ Unsplash
IMF backs Mali reforms despite insecurity and debt risks
Read More »

Latest Posts

Latest news insights