P-Z1-FA0-162

Project Details
ID: P-Z1-FA0-162 Name: SUPPLEMENTARY FINANCING : ETHIOPIA - KENYA ELECTRICITY HIGHWAY (KENYA) Status: Approved Country: Multinational
Sector: Power Approval date: 14-Dec-2018 Task Manager: WUBESHET ZEGEYE Alemayehu, RDGE1
Total cost: 21925625.7
Currency: UAC
Source(s) of financing
AfDB: 21925580.4
Implementing Agency: KENYA ELECTRICITY TRANSMISSION CO. LTD Location: Ethiopia & Kenya
21-Jan-2020

Multinational - Supplementary Financing For Ethiopia - Kenya Electricity Highway Project Country

Management submits this proposal to provide a supplementary financing of EURO 26.51million of ADB loan to the Republic of Kenya to finance the funding gap of the project. The shortfall arose mainly from the underestimation of the required system reinforcement works identified by the initial feasibility study and design under the ongoing Ethiopia-Kenya Electricity Highway project for smooth operation of the interconnection.