M a r k e t N e w s

China’s Exim bank backs underground power supply project in Nairobi

Posted on : Tuesday , 20th September 2016

 Kenya Power has started work on a major project to boost the electricity supply network in and around Nairobi, backed by financing from the Export-Import (Exim) Bank of China.

 
Kenya Power chief executive officer and managing director Ben Chumo said in an interview with ESI Africa that the underground cabling initiative had begun around the Kenyan capital at a cost of $128 million, supported by a concessional loan from the Exim bank.
 
“The project entails installation of underground cables around the city to eliminate interruptions that often result from interference with the overhead cables,” Chumo said. “This is envisaged to improve supply quality to our customers around Nairobi.”
 
“The underground cabling technology is more aesthetic compared to overhead lines and less expensive in terms of land acquisition challenges and rights of way requirements,” Chumo said.
 
Chumo said the project followed a detailed grid expansion plan that focused on “putting in place infrastructure that will support electricity supply at the least cost to the public”. He said the plan was based on capital investment in network expansion – in extending power lines, building new electricity substations and refurbishing existing facilities.
 
According to Kenya Power, which posted a video on YouTube on 13 September of Chumo and utility engineers laying some of the cable channels, an estimated 31 kilometres of 66kV transmission lines underground will be connected to a new substation in central Nairobi.
 
A survey published in 2014 by the Sino Africa Centre of Excellence Foundation said Chinese companies had created nearly 2,200 direct jobs to date, which was equivalent to 5.3% of the total jobs created through foreign direct investment. Most of those jobs were in automotive original equipment manufacturing, metals, and especially communications, the survey said.
 
Last year, China and Kenya agreed to extend their ‘industrialisation partnership’ with a new focus on technology transfer and more Chinese involvement in infrastructure development.
 
The announcement came after the China Communications Construction Company Ltd signed a deal with Kenya to build the first three berths of Kenya’s Lamu Port to handle general, bulk and container cargo under the Lamu Port-South Sudan-Ethiopia Transport Corridor Project.
 
Earlier this year, Kenya signed a memorandum of understanding for a €60 million loan agreement with the French Development Agency to finance the first phase of construction of a wind farm that will have an eventual electricity generating capacity of 400 megawatts (MW).

Source : www.out-law.com
Featured Companies
  • dubaiexporters.com

Complete List  

Advertisers in previous issue:

  • KJV is a professionally managed group in distribution & transmission sector involved in executing contracts
  • Hevt Duty Machinery
  • Specialty and Custom Chemicals Exhibition
  • Manufacturer of heavy duty machinery
  • IAC understand your system requirements, and can offer valuable input, be it design, consulting, training, or technical support.
  • A world class Rotary Gear Pumps for effective pumping and trasfer of all viscous & semi-viscous liquid like oils, chemicals, food products and more..
  • Anya energy limited is accredited with ISO 9001 certification for Quality Management System and our products are recognized and certified by Bureau of Indian Standards
  • The trusted source for all your heavy  equipment needs!
  • LINTEC doub- le screen technology and the worlds first asphalt mixing plant in 100% ISO sea containers.
  • From a modest beginning in 1955, the IGP Group today provides over 50 products and services to the core sector.
  •  JS Electromec Ltd,(JSE Ltd) are registered Electrical contractors and Suppliers of Lighting and Power solutions for residential, commercial and industrial applications in Tanzania.
  •  Magazine for Africa
  • Vrushabh is one of the leading manufacturer and distributor of Conveyor Belts, Transmission Belts, Elevator Belts, PVC Belts.
  • BITZER ranks among the leading manufacturers of refrigerant compressors.
  • Manufacturing and marketing "aira" brand Valve Automation Products
  • Producing numerous types of welding consumables and welding machines for both the domestic and international market
  • Bakery Equipment, Flour Mill, Bread Improver, Dried Fruit Processing machine
  • EMI has a qualified and dedicated team of managers with vast experience in their respective areas of work.
  • All type conveyor belts for internal & external location tapis roulant de tout genre pous deplacement a l
  • GM Electricals is a competitive wholeseller of broad range of electrical materials and equipments
  • Solarway is a forward thinking creative think tank that develops personalised and sustainable power solutions for people with limited or no access to power.
  • Ravi Enterprise is a professionally managed organization, established as a reliable source of industrial heaters.
  • Manufacturer of extrusion lines,extruders and down stream equipment.
Afrotrade International Marketing, Tel: +971-50-6285684
© 1998-2026 Afrotrade