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    Signature(s)

    Amount
    € 60,000,000
    Countries
    Sector(s)
    Kenya : € 60,000,000
    Energy : € 60,000,000
    Signature date(s)
    21/12/2009 : € 60,000,000

    Summary sheet

    Release date
    6 May 2009
    Status
    Reference
    Signed | 21/12/2009
    20070435
    Project name
    Promoter - financial intermediary
    Mombasa-Nairobi Transmission Line

    Kenya Electricity Transmission Company (KETCo)

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 60 million.
    EUR 214 million.
    Location
    Sector(s)
    Description
    Objectives

    Construction of a 450 km long 400 kV double-circuit power transmission line from Mombasa to Nairobi, construction of a 19 km 220 kV double-circuit line in Nairobi area, and expansion of substations in both Nairobi and Mombasa.

    The project is primarily intended to transfer power generated in the coast area to the main load centre around Nairobi, the capital. The Government of Kenya’s electrification target is to add 1 million consumers to the grid over the next 5 years. This will require substantial investments in both generation and transmission. Substantial new thermal generation capacity is planned in Mombasa. The project is designed to evacuate this new power capacity to Nairobi.

    Environmental aspects
    Procurement

    Due to the project’s characteristics, the Kenyan legislation requires an environmental impact assessment. A consultant has therefore prepared an EIA report which identifies a number of issues such as the vicinity of a national park and the need of moving up to 280 households. Public consultations have highlighted the need for adequate and timely compensation of affected people. The environmental authority has issued its approval of the project.

    Procurement of supplies envisaged to be financed by the EIB will be in line with the Bank’s Guide to Procurement to which the promoter is familiar. Other contracts will also be tendered internationally, in line with the rules of the other lenders involved.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    General enquiries and comments

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    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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