Kenyan Court Suspends $736 Million Adani Power Line Deal
Kenya’s high court on Friday suspended a $736 million deal between a state utility and India’s Adani Energy Solutions to build and operate power infrastructure including transmission lines.
The public-private partnership agreement between state-owned Kenya Electrical Transmission Company (KETRACO) and Adani Energy Solutions (ADAI.NS), opens new tab was signed earlier this month.
Photo courtesy of Pixabay.
Source: Reuters (link opens in a new window)
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