KETRACO plans to begin construction on Sh22bn power line from Lamu plant

By professo

The Kenya Electricity Transmission Company (KETRACO) has announced plans to begin construction on a high-voltage power line connecting the Lamu power plant in July.

The construction schedule is still subject to Kenya’s Treasury and Chinese lenders agreeing on financing.

The 400kV power line will carry for 520km, taking an estimated 36 months to construct, and costing Sh22.28bn (US$220mn).

SEE ALSO:

According to Fernandes Barasa, the Managing Director of KETRACO, Sh4.5mn ($44mn) of the budget will be dedicated to covering wayleaves compensation costs.

Although the proposed coal-powered plant, which has suffered delays due to issues around the environment and compensation, is not yet constructed KETRACO aims to avoid expensive delays with the line by beginning construction.

Share

Featured Articles

Abu Dhabi Airports prepares for Terminal A opening

A decade in the making, Abu Dhabi International Airport welcomes 6,000 volunteers to test operational readiness of stunning new Terminal A building

Business Chief expands portfolio with new look and coverage

Business Chief Middle East & Africa launches with fresh new look and extended coverage of the region, with exclusive executive interviews and insights

How Octopus Energy grew to become an industry giant

Octopus Energy continues to grow after a deal was agreed to acquire Shell Energy in the UK and Germany, taking its customer base to almost seven million

Perkbox CEO: How to support employees through tough times

Human Capital

How Middle East is embracing the future of digital finance

Corporate Finance

UAE Lulu Group shifts business for global growth and IPO

Corporate Finance