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Kenya’s plans to buy electricity from Ethiopia have reached a critical stage, with the expected signing of a $231 million (Sh23.6 billion) agreement to start construction of transmission infrastructure.
The Kenya Transmission Company (Ketraco) will tomorrow ink a deal with the African Development Bank (AfDB), World Bank and French Development Agency (AFD), who will finance the project. A consortium of Siemens AG (Germany) and IsoluxIngeniera SA (Spain) will be the contractors.
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