Why taxpayers will cough Sh7.3 billion for flopped Ketraco-Adani deal

KETRACO engineers during past repair works along the Olkaria-Lessos-Kisumu power line. [ File, Standard]

The government’s decision to engage India’s Adani Energy Solutions to build power transmission infrastructure across the country before undertaking due diligence on the firm is now becoming a costly affair for Kenyans.

This is after it emerged that Kenya is set to pay a penalty for terminating its contract with the Kenya Electricity Transmission Company (Ketraco).