Sh50bn funding gap puts six key power lines at risk

A Ketraco substation. Ketraco is mainly banking on the public-private partnership (PPP) model to fund most of the network upgrading works.

Photo credit: Pool

Completion of six key electricity transmission lines could delay amid a funding shortfall of $383.23 million (Sh49.6 billion), in what could derail efforts to strengthen the grid and boost power supply.

A review of the ongoing projects by the Kenya Electricity Transmission Company (Ketraco) shows that it has already secured $411.17 million (Sh53.2 billion) for the projects against a total capital investment of $794.40 million (Sh102.8 billion at current exchange rates).

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.