The Kenya Electricity Transmission Company (KETRACO) tapped into the expertise of Power Grid Corporation of India and Africa50, two global firms, in the wake of Adani's exit from the country.
The two firms are set to be the major players in Public Private Partnerships (PPPs) with the government; providing critical funding and expertise as the government aims to implement a 100 per cent transition into renewable energy by 2030.
Confirming the new partnership, Africa50, a pan-continental infrastructure investor, is set to provide funding for the partnership.
This, according to Chief Executive Officer Alain Ebobissé, will be Africa's first large-scale PPP on electricity transmission line.
