Quick Facts

Countries:
Where the impacts of the investment may be experienced.
  • Kenya
Banks:
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
  • World Bank (WB)
Status: Active
Bank Risk Rating: A
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Board Decision Date: 2016-06-15
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower or Client: The National Treasury
The holder of the loan, grant, or other investment.
Sectors:
The service or industry focus of the investment. A project can have several sectors.
  • Energy
Investment Amount (USD): $ 68.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD): $ 71.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.

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Primary Source

Original disclosure @ WB website
Updated in EWS: 2017-08-14
Disclosure Date: 2016-04-15
Additional Financing: Kenya Electricity Expansion Project
WB-P153179

Project Description
The objective of Electricity Expansion Project for Kenya are to: (a) increase the capacity, efficiency, and quality of electricity supply; and (b) expand access to electricity in urban, peri-urban, and rural areas. The proposed Additional Financing (AF) would enhance and maximize the development impact of Kenya for the Electricity Expansion Project (KEEP) by supporting: (1) cost overruns related to the expansion of lowcost base load geothermal resources in Kenya’s energy mix; (2) scale-up of slum electrification across the country; and (3) scale-up of technical assistance and capacity building for sector entities. Additional Global Partnership for Output Based Aid (GPOBA) funds for Kenya in the amount of 3 million US dollars have been granted to support the scale-up of slum electrification activities. To allow sufficient time to ensure the completion of the slum electrification and technical assistance activities included in this AF, the closing date of the KEEP has been extended from September 30, 2016 to December 31, 2017.
Investment Description
Contact Information
Borrower/Client/Recipient Name: The National Treasury Contact: Jackson Kinyanjui Title: Director, External Resources Department Tel: 254202252299 Email: njasu@treasury.go.ke Implementing Agencies Name: KenGen Contact: Albert Mugo Title: Managing Director and Chief Executive Officer Tel: (254-20) 366-6000 Email: amugo@kengen.co.ke Name: Kenya Power and Lighting Company (KPLC) Contact: Dr. Ben Chumo Title: Managing Director and Chief Executive Officer Tel: 254-20-320-1000 Email: md@kplc.co.ke Name: Ministry of Energy and Petroleum Contact: Joseph Njoroge Title: Principle Secretary Tel: (254-20) 255-0680 Email: ps@energymin.go.ke ACCOUNTABILITY MECHANISM OF 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. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.
Bank Documents