Adani Group’s Kenya transmission deals still under talks: ‘Many boxes to tick’
Bloomberg
Sep 17, 2024 9:24 AM IST
Kenya Electricity Transmission Co. continues negotiations with Adani Energy for three power lines, disputing claims of awarded deals worth $1.3 billion.
Adani group chairman Gautam Adani is seen. Negotiations for three power lines in Kenya by Adani Energy are ongoing, despite conflicting reports of awarded contracts. The project cost has dropped significantly while the country faces a $5 billion financing gap for power infrastructure improvements.
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