18.9 C
Nairobi
Thursday, June 1, 2023
HomeCase LawAfDB, Ketraco workshop Public-Private Partnership (PPP) law

AfDB, Ketraco workshop Public-Private Partnership (PPP) law

Date:

Related stories

Dadaab Cholera outbreak imminent, agency warns

The ongoing cholera outbreak can be attributed to a reduction in essential water and sanitation operations in the camps.

The college making millions through dairy farming

Bukura Agricultural College in western Kenya processes 1,000 litres...

Ruto’s bold proposal

Making the rationale for Housing Levy make sense President William...

Small businesses on the losing end under proposed Bill

Small businesses are at the risk of incurring an...

Lending rates rank as leading source of unhappiness in Kenya

Lending rates are the biggest cause of unhappiness amongst...

The African Development Bank recently hosted a workshop for stakeholders in Kenya’s energy sector to discuss the new Public-Private Partnership Act 2021 and how it can advance the country’s power industry.

The 23 March to 24 March event was organized together with the Kenya Electricity Transmission Company (Ketraco), the country’s power transmission agency. Participants looked at the status of the Act and made recommendations that would help to expedite the development of PPPs.

Signed into law in December 2021, the new Act recognizes the need to enhance private sector participation in the financing, construction, development, operation or maintenance of infrastructure or development projects. For the energy sector, PPPs will contribute in the development of generation and transmission lines.

In addition to providing deep insight to the development of PPP transmission lines, the workshop also aimed at establishing key synergies that will help to catalyse the development of PPPs.

It followed a series of engagements between the Bank and Ketraco about their proposed PPP Transmission Lines Program and the need to clarify aspects of the Act.

The Kenyan utility had requested the Bank’s support in funding and organizing the event to review the Act and help to create knowledge and understanding and enable the acceleration of private transmission project development in the country.

“Part of our initial due diligence indicated that there was a knowledge gap within its PPP project implementation team and, more broadly, a need for clarity on key stakeholder management in the appraisal, procurement, and structuring of transmission line PPPs,” said Angela Nalikka, the African Development Bank’s Manager for Power Systems Solutions Development.

Speaking at the event, the General Manager, Project Development Services at Ketraco, John Mativo, said the workshop had given the staff a better understanding of the PPP Act.

“The institution is definitely on a stronger footing to engage stakeholders and we are grateful to the African Development Bank for their contribution,” Mativo said.
The event attracted participants from the country’s electricity agencies, government departments and development institutions.

Among those in attendance were the Ministry of Energy, Kenya Power and Lighting Company Limited, Energy and Petroleum Regulatory Authority, Kenya Electricity Generation Limited (Kengen), SwedFund, and the International Finance.(

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

LEAVE A REPLY

Please enter your comment!
Please enter your name here