China EXIM Bank to help fund 132kV Meru-Maua Transmission Line project
Not recommended for aggregates
This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.
Summary
Funding agency [Type]
Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]
Recipient
Kenya
Sector
Energy (Code: 230)
Flow type
Loan
Level of public liability
Central government debt
Infrastructure
Yes
Category
Project lifecycle
Description
On December 6, 2015, a Government of Kenya press briefing announced an MoU with China National Complete Plant Import and Export Corporation (Complant) for the construction of the Meru-Maua and Ishiara-Chogoria 132 kV single circuit line with sub-stations (Chinese project title: MERU至MAUA和ISHIARA至CHOGORIA输电线项目合同协议书). This project aims to construct a 132kV transmission line, a 1x23MVA 132/33kV substation in Maua, and a 132kV bay extension at Meru substation. The project has not started, and the loan is not finalized.
Additional details
A previously accessible but presently inaccessible KenGen investment prospectus reported that China Eximbank and Development Bank of Southern Africa (DBSA) had agreed to provide a $26 million debt financing in 2019 to Kenya Electricity Generating Company (KenGen) for the project. AidData has contacted KenGen to request that they provide a soft copy of the inaccessible KenGen investment prospectus.
Number of official sources
4
Number of total sources
4
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Kenya [Government Agency]
Implementing agencies [Type]
China National Complete Plant Import & Export Corporation Group (COMPLANT) [State-owned Company]