Taxpayers set to lose Sh2.5bn on stalled job

Ketraco MD Fernandes Barasa (left) when he appeared before the National Assembly’s Public Investments Committee (PIC) on March 22. PHOTO | JEFF ANGOTE

Taxpayers will fork out Sh2.5 billion (22 million euros) to settle a dispute with a Spanish contractor, whose tender for construction of a transmission line connecting Kenya to Uganda was terminated for non-performance.

Kenya Electricity Transmission Company (Ketraco) told Parliament that it requires the amount to settle certified works done by Inabensa, the Spanish company that has obtained court orders stopping any further works on the 132 kilometre Lessos-Tororo transmission line.

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