According to the World Bank, the project development objective is to facilitate increased import of renewable energy and increased capacity of the Kenyan system to absorb intermittent renewable energy.
According to the World Bank, the E&S risk of the project is "Moderate".
As stated in project documents, the World Bank investment consists of an IDA credit, and the remaining amount - US$ 48.50 million - will be provided by the Green Climate Fund.
As stated on the company's website, Kenya Electricity Generating Company PLC (KenGen) is the leading electric power generating company in East Africa. KenGen was incorporated in 1954 under the Kenyan Companies Act as Kenya Power Company (KPC) with the mandate to generate electricity through the development, management, and operation of power plants. The shareholders of the Company later contracted East Africa Power & Lighting Company (EAP&L) to manage KPC. In 1983, EAP&L changed to Kenya Power & Lighting Company.
In 1996 Government of Kenya started restructuring the energy sector with the goal of achieving efficient usage of resources earmarked for the generation, transmission, and distribution of electricity. Two years later, in January 1998, the management of KPC was separated from KPLC and renamed KenGen.
In 2006 the Government sold 30% of its stake in the company following a successful Initial Public Offer. Subsequently, KenGen was listed on the Nairobi Securities Exchange (NSE).
KETRACO was incorporated on 2nd December 2008 and registered under the Companies Act, Cap 486 pursuant to Sessional Paper No. 4 of 2004 on Energy. We are a 100% Government owned state corporation, regulated under the State Corporations Act, Cap 446.
Our mandate is to plan, design, construct, own, operate and maintain the high voltage electricity transmission grid and regional power interconnectors that form the backbone of the National Transmission Grid.
|Private Actor 1
|Private Actor 1 Role
|Private Actor 1 Sector
|Private Actor 2
|Private Actor 2 Role
|Private Actor 2 Sector
|Kenya Electricity Generating Company PLC
|Kenya Electricity Transmission Company Limited (KETRACO)
World Bank Team Leaders:
Laurencia Karimi Njagi - Senior Energy Specialist
Zubair K.M. Sadeque - Senior Energy Specialist
No contacts provided at the time of disclosure.
Borrower - The National Treasury:
Dr. Chris Kiptoo - Permanent Secretary
Implementing Agencies -
Kenya Electricity Generating Company PLC:
Peter Njenga - Managing Director & CEO
Kenya Electricity Transmission Company Limited (KETRACO):
John Mativo - Managing Director & CEO
ACCESS TO INFORMATION
To submit an information request for project information, you will have to create an account to access the Access to Information request form. You can learn more about this process at: https://www.worldbank.org/en/access-to-information/request-submission
ACCOUNTABILITY MECHANISM OF THE WORLD BANK
The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing firstname.lastname@example.org. Information on how to file a complaint and a complaint request form are available at: https://www.inspectionpanel.org/how-to-file-complaint