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Adani Group has secured a $1.3 billion concession to build power transmission lines in Kenya.
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The project is a public-private partnership with Africa50, an infrastructure investment arm of the African Development Bank.
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The development comes as Adani Group faces resistance from unions over its proposed takeover of Nairobi’s main airport.
Adani Group has bagged a massive $1.3 billion project to build power transmission lines in Kenya. The project is a public-private partnership with Africa50, an infrastructure investment arm of the African Development Bank. This development comes as Adani Group faces resistance from unions over its proposed takeover of Nairobi’s main airport.
The Kenyan government has confirmed the award of the concession to Adani Group, despite opposition from unions. The project aims to build new transmission lines, with Adani Group and Africa50 hiring project teams to execute the work.
In a separate development, Kenyan aviation union workers have ended their protest against the proposed takeover of Nairobi’s main airport by Adani Group. The protest was called off after negotiations between the union and government officials, with assurances on job security and working conditions.
The proposed airport takeover is part of Adani Group’s plans to expand its footprint in the aviation sector globally. The agreement is expected to bring in significant investments and improvements to the airport’s infrastructure. However, the takeover is still subject to regulatory approvals.
