Excelsior Correspondent
JAMMU, Dec 18: For the development of critical transmission infrastructure in Kenya, Power Grid Corporation of India Limited (POWERGRID), in partnership with Africa50 today signed a Public-Private Partnership (PPP) Project Agreement.
The agreement was signed in the presence of Dr R K Tyagi, Chairman & Managing Director, Dr Yatindra Dwivedi, Director (Personnel) and Sanjay Kumar Gupta, COO (IB), POWERGRID, along with senior Kenyan Government representatives including Alex Kamau Wachira, CBS, Principal Secretary, State Department for Energy, Dr Chris K Kiptoo, CBS, Principal Secretary, The National Treasury, Kipkemoi Kibias, acting Managing Director and Kefa Seda, Director General, Public Private Partnerships Directorate.
This project marks Africa’s first Independent Transmission Project (ITP) and represents POWERGRID’s first project-finance international transmission venture in Africa.
The proposed transmission projects are designed to strengthen Kenya’s national grid, improve system reliability and facilitate the evacuation of power from renewable-rich regions to major load centres, transmission lines and associated substations.
Structured under a PPP framework, the project reflects growing confidence in private sector participation in Africa’s power transmission sector.
Africa50, an infrastructure investment platform established by African Governments and the African Development Bank, brings strong regional expertise and financial structuring capabilities, while POWERGRID contributes its extensive technical, operational, and project management experience in large-scale transmission systems.
With footprint spanning over 25 countries across Asia, Africa and Europe, POWERGRID has consistently demonstrated its ability to deliver power transmission solutions in diverse and challenging geographies.
POWERGRID’s collaboration with Africa50 reflects its growing role as a trusted global partner in the development of power transmission infrastructure.
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