The government is in negotiations with an Indian company and an investment platform established by African governments and the African Development Bank to replace the Adani Group.
To meet legal requirements, the government is accelerating talks on compensation and other aspects of the project.
According to information from Kenya Electricity Transmission Company Limited (KETRACO), the two companies are set to sign the agreement next month.
In a notice issued by KETRACO on Friday, February 28, Africa50, the investment vehicle under the AfDB, and the Power Grid Corporation of India Limited (POWERGRID) initiated the Privately Initiated Proposal (PIP).
