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State firm to pay Sh2.5 billion for stalled project

By Moses Njagih | 7yrs ago
KETRACO Managing Director Fernades Barasa when he appeared before the National Assembly Public Investment Committee at Parliament on Thursday 22/03/18. [Photo by Boniface Okendo/Standard]

The Government will have to pay a Spanish company Sh2.5 billion to end a dispute that has stalled installation of a power transmission line in western Kenya.

Kenya Electricity Transmission Company (Ketraco) will incur the unnecessary expense for terminating Inabensa Company’s contract to avoid a potentially costly legal battle.

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kenya electricity transmission company ketraco parliamentary watchdog committee stalled project
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