Loading…

Loading grant details…

Active Development AidData Chinese Aid

China Eximbank provides $134 million loan for the 285 km Isiolo-Garissa Transmission Line Project with Associated Substations Project

$134M USD

Funder Export-Import Bank of China (China Eximbank)
Recipient Organization Government of Kenya
Country Kenya
Start Date Jul 14, 2017
End Date Sep 25, 2029
Duration 4,456 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 58387
Grant Description

China Eximbank provides $134 million loan for the 285 km Isiolo-Garissa Transmission Line Project with Associated Substations Project On July 14, 2017, China CAMC Engineering Co Ltd (中工国际工程股份有限公司) signed a commercial contract for the Isiolo-Garissa Electrical Transformation and Transmission Project with Kenya’s Ministry of Energy and Petroleum.

According to multiple sources, the project is being funded through a $134 million loan from the Export-Import Bank of China.

The project, which is also known as the Isiolo-Garissa Transmission Line Project with Associated Substations Project, involves the construction of a 220KV, 285-km transmission lines between Garissa and Isiolo and three substations in central and northern Kenya and delivering these transmission lines and substations to Kenya Electricity Transmission Company (KETRACO) upon completion.

The contract value is $131,065,700 and the expected period of implementation is 24 months.

📋 Staff Comments
  1. The Chinese name of this project is 在加里萨和伊索洛之间建立高压输电线路.
  2. This record has been marked as having evidence of financial distress because it was part of the debt restructuring agreement captured in record #92668.
📚 Sources & References
  • Chinese get Sh14bn power line contract
  • IJGlobal - Garissa-Isiolo Transmission Line (285KM) - Kenya
  • 中国企业与肯尼亚签署1.34亿美元输变电项目合同
  • China CAMC Engineering bags transmission line contract (Kenya)
  • Kenya: CAMC to build Garissa-Isiolo line
  • China's Global Energy Finance Chinese Development Bank (CDB) and Export-Import Bank of China (Ex-Im)
  • Data Collection Survey on Impact Measurement of Corridors - Northern Corridor
  • Nacala Corridor and West Africa Growth Ring in Africa Final Report
  • CAMCE wins electric system contract in Kenya
  • CHINA CAMC ENGINEERING CO.
  • LTD. --Historical
  • CAMCE SIGNING COMMERCIAL CONTRACT OF ISIOLO-GARISSA TRANSMISSION LINE PROJECT WITH ASSOCIATED SUBSTATIONS OF KENYA
  • BU_PITCH_ENGLISH_2018
  • China Database Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.
All Grantees

Government of Kenya

Advertisement
Discover thousands of grant opportunities
Advertisement
Browse Grants on GrantFunds
Interested in applying for this grant?

Complete our application form to express your interest and we'll guide you through the process.

Apply for This Grant