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Gautam Adani’s company is expanding its footprint in East Africa with investments in Tanzania and neighboring Kenya. | Image: Bloomberg
Tanzania is in talks with the Adani Group for a $900 million public-private partnership project to construct high-voltage power lines, according to an official of the east African nation.
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Adani Group has expressed its interest to the East African government, according to David Kafulila, executive director of Tanzania’s Public-Private Partnership Centre. Tanzania is also in talks with UK company Gridworks Development Partners LLP for a $300 million power-lines project under the public-private partnership.
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Indian billionaire Gautam Adani’s company is expanding its footprint in East Africa with investments in Tanzania and neighboring Kenya. Tanzania awarded it a 30-year concession in May to operate the main container terminal at the port of Dar es Salaam.
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In Kenya, Adani is in talks with the nation’s electricity transmission company for a concession to construct high-voltage power lines valued at $736 million. The group’s proposal to run the nation’s main airport in the capital, Nairobi, has sparked protests, Senate hearings and lawsuits.
First Published: Oct 03 2024 | 7:58 PM IST
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