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Overview

China Eximbank provides $134 million loan for the 285 km Isiolo-Garissa Transmission Line Project with Associated Substations Project

Commitments (Constant USD, 2023)$142,592,935
Commitment Year•2017Country of Activity•KenyaDirect Recipient Country of Incorporation•KenyaSector•EnergyFlow Type•Loan

Status

Project lifecycle

Implementation

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jul 14, 2017
Start (planned)
Jul 17, 2018
End (planned)
Jul 17, 2019

Geospatial footprint

Map overview

Visualizes the AidData-provided feature geometry for this project.

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More detailed locational information can be found at https://www.google.com/maps/place/Isiolo+substation/@0.2519364,37.5420193,15z/data=!4m5!3m4!1s0x0:0xd948c8569547736!8m2!3d0.2519364!4d37.5420193 and https://www.openstreetmap.org/way/696704120#map=19/-0.37949/39.62421

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Ultimate beneficial owners

At least 25% host country ownership

Funding agencies

State-owned Policy Banks

  • Export-Import Bank of China (China Eximbank)

Receiving agencies

Government Agencies

  • Government of Kenya

Implementing agencies

State-owned companies

  • China National Machinery Industry Corporation (Sinomach)
  • Kenya Electricity Transmission Company Limited (KETRACO)

Loan description

China Eximbank provides $134 million loan for the 285 km Isiolo-Garissa Transmission Line Project with Associated Substations Project

Interest type•Unknown

Narrative

Full Description

Project narrative

On July 14, 2017, China CAMC Engineering Co Ltd (中工国际工程股份有限公司) signed a commercial contract for the Isiolo-Garissa Electrical Transformation and Transmission Project with Kenya’s Ministry of Energy and Petroleum. According to multiple sources, the project is being funded through a $134 million loan from the Export-Import Bank of China. The project, which is also known as the Isiolo-Garissa Transmission Line Project with Associated Substations Project, involves the construction of a 220KV, 285-km transmission lines between Garissa and Isiolo and three substations in central and northern Kenya and delivering these transmission lines and substations to Kenya Electricity Transmission Company (KETRACO) upon completion. The contract value is $131,065,700 and the expected period of implementation is 24 months.

Staff comments

1. The Chinese name of this project is 在加里萨和伊索洛之间建立高压输电线路. 2. This record has been marked as having evidence of financial distress because it was part of the debt restructuring agreement captured in record #92668.