×
App Icon
The Standard e-Paper
Read Offline Anywhere
★★★★ - on Play Store
Download Now

Done deal: More queries as Sh95b power deal with Adani is signed

Vocalize Pre-Player Loader

Audio By Vocalize

Energy Cabinet Secretary Opiyo Wandayi during his vetting. [Elvis Ogina, Standard]

The government has inked a contentious power transmission agreement worth $736 million (Sh95.68 billion) with Adani Energy Solutions Ltd, an Indian firm owned by billionaire Gautam Adani.

The deal, finalised on October 9, will allow Adani Energy Solutions to develop, finance, construct, operate, and maintain crucial transmission lines and substations across Kenya, Energy Cabinet Secretary Opiyo Wandayi announced yesterday.

Get Full Access for Ksh299/Week.
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in
Business
Big win for Ruto as court clears path for sale of key State firms
Business
PwC now seeks buyers for Koko Networks assets
Business
Kenya Pipeline Company IPO extended by three working days
Enterprise
When fundamentals are stable but the patient is terrified