@Lionheart
@Abba
@mundu_mulosi
@Aka_mpole
Only GOD himself can now save this Nation…!!
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This is correct!
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Ndio maana gashagua lazima atoke wa kasaprano aingie. KAchagua asks too many questions. In some way, it will be a blessing in disguise for kachagua to be far from the most corrupt government in our histroy
Kenya has officially signed a power deal with India’s Adani Energy Group, worth KES: 95 Billion, to construct 422 kilometres of vital transmission lines despite strong opposition.
Energy Cabinet Secretary Opiyo Wandayi on Friday, October 11, announced the agreement, which according to him , marks a huge shift in the power transmission across the country.
The contract, finalised on October 9, 2024, comes after four months of intense negotiations, during which the Adani Group faced scrutiny regarding its operational practices.
Wandayi expressed his satisfaction, stating, “This agreement marks the beginning of a transformative initiative to develop, finance, construct, operate, and maintain key transmission lines and substations across Kenya.”
Despite concerns surrounding the Adani Group, which has been embroiled in various controversies, Wandayi has defended the partnership, highlighting the critical need for enhanced electricity infrastructure to support Kenya’s burgeoning economy.
He reiterated, “Kenyans are well aware of the significant challenge that our country faces with persistent power blackouts.”
Details about the agreement remain scarce, as KETRACO has opted not to disclose specifics.
The project’s cost, estimated at KEs: 95.68 Billion (approximately USD 736.51 Million), will be financed through a combination of debt and equity raised by the Adani Group, with repayment expected over a 30-year period.
Wandayi assured that a competitive bidding process would ensure value for money, with a focus on prioritising local content to foster business opportunities for Kenyans.
Concerns :
- what were the issues raised on this bid and by whom …??
- what were the merits , or otherwise , of those issues . ??
- who were the other bidders …??
- when was the public participation or Oversight done … ??
- who are the local directors and shareholders …??
I know all that. I am only expressing my understanding that Adani = Lootal. Nothing else.
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These peopie are insane. Kwani Adani is the only company that can do anything that needs doing in Kenya!
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People will go to jail for these deals.
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Mwafrika Hana akili mzuri. we always go to the most corrupt companies. Don’t be surprised to hear Adan has filed for bankruptcy.
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At last!!! someone understanding my language. I think gasha na gua wanaweza saidia ama namna gani?
Why is everyone shocked and was bound to happen?