Kenya Green and Resilient Expansion of Energy (GREEN) Program Phase 2 (WB-P180465)

Regions
  • Africa
Geographic location where the impacts of the investment may be experienced.
Countries
  • Kenya
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Dec 26, 2023
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Government of kenya
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 153.50 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 202.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Dec 31, 2023

Disclosed by Bank Aug 30, 2023


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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

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.

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

According to the World Bank, the E&S risk of the project is "Moderate".

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

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.

Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

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 Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Kenya Electricity Generating Company PLC Contractor Energy
- - - - Kenya Electricity Transmission Company Limited (KETRACO) Contractor Energy

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

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
Email: pstnt@treasury.go.ke

Implementing Agencies -

Kenya Electricity Generating Company PLC:

Peter Njenga - Managing Director & CEO
Email: pnjenga@kengen.co.ke

Kenya Electricity Transmission Company Limited (KETRACO):

John Mativo - Managing Director & CEO
Email: md@kplc.co.ke

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 ipanel@worldbank.org. Information on how to file a complaint and a complaint request form are available at: https://www.inspectionpanel.org/how-to-file-complaint

How it works

How it works