Economics
Kenya Seeks Bids for $245 Million Power Lines After Adani Exit
Electricity transmission pylons in Hells Gate National Park in Naivasha, Kenya.
Photographer: Patrick Meinhardt/BloombergThis article is for subscribers only.
Kenya is seeking private investors to develop high-voltage transmission lines months after it canceled a deal with India’s Adani Group.
The East African nation is inviting competitive bids for investors to construct and operate four power lines estimated to cost about $245 million, according to a notice on the National Treasury website. These lines are expected to be completed between next year and 2029, it said.