POWER

PGCIL inks pact with Africa50 for Kenya Transmission Project

State-owned Power Grid Corporation of India Ltd (PGCIL) has inked a pact with pan-African infrastructure investment platform Africa50 to continue the development of the Kenya Transmission Project on a public-private partnership basis.

According to a statement by the power ministry, the project entails the development, financing, construction, and operation of the 400kV Lessos-Loosuk and 220kV Kisumu-Musaga transmission lines under the public-private partnership (PPP) framework.

Once completed, the project will be the first independent power transmission (IPT) in Kenya and will set a reference point in Africa as the first financing of transmission lines on a PPP basis.

This project will also improve both the supply and reliability of power transmission in western Kenya and further create a demonstration effect to help increase private sector investments into the expansion of Africa’s power transmission networks, which is critical to bridging the continent’s electricity access gap.

Source
ET Energy World
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