High Court blocks Sh95.68bn Adani power deal

High Court blocks Sh95.68bn Adani power deal

High Court blocks Sh95.68bn Adani power deal

A court in Nairobi has issued conservatory orders barring the government from implementing any of the deals agreed between  Kenya Electricity Transmission Company Limited (KETRACO) and Adani. Adani had entered into a Ksh96 billion deal with KETRACO that would see the Indian conglomerate operate four electricity transmission lines and two substations in Kenya for 30 years before handing them back to Kenya. "Pending the inter parties hearing and determination of the Application dated 23/10/2024 a conservatory order be and is hereby issued suspending the implementation of any project agreed", the order by judge Nahati Mwamuye partly read. "That any project between…
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