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Overview

China EXIM Bank to help fund 132kV Meru-Maua Transmission Line project

Commitment Year•2015Country of Activity•KenyaDirect Recipient Country of Incorporation•KenyaSector•EnergyFlow Type•Loan

Status

Project lifecycle

Pipeline: Pledge

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Dec 6, 2015

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 Complete Plant Import & Export Corporation Group (COMPLANT)

Loan desecription

China EXIM Bank to help fund 132kV Meru-Maua Transmission Line project

Interest type•Unknown

Narrative

Full Description

Project narrative

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.

Staff comments

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.