Kenya Electricity Transmission Company (KETRACO) is exploring public-private partnerships (PPPs) to finance transmission projects amid reduced access to traditional funding sources.
General Manager for Project Development Services, Eng. Antony Musyoka, said PPPs have been successfully used in other regions to accelerate infrastructure growth and could offer a viable option for Kenya’s energy sector.
“Public-Private Partnerships have worked successfully elsewhere. If you look at India over the last 20 years or South America, major infrastructure projects have been implemented through PPPs. Kenya must begin to embrace this approach if we are to accelerate progress,” he said.
Musyoka noted that KETRACO is already piloting one PPP project under the Africa50 Power Grid, which is nearing completion.
‘We already have one PPP project at the tail end, the Africa50 Power Grid, which includes the Kibos-Kakamega-Masaga line and another from Lesos to Losuk,” he said.
He added that there is growing potential to raise capital locally by leveraging partnerships with private investors, pension funds, and financial institutions.
“We have to be candid about where we get our funding. There’s a lot of money within the local private sector, in pension funds, in banks, and other financial institutions. It’s not always necessary for the money or expertise to come from outside,” he explained.
Eng. Musyoka expressed confidence that blending local investment with strategic partnerships would help bridge the funding gap and strengthen Kenya’s transmission network.
“It’s important that we recognise our capacity to mobilise resources locally and develop our infrastructure ourselves.” he stated.
