Why taxpayers will cough Sh7.3 billion for flopped Ketraco-Adani deal

The government’s decision to engage India’s Adani Energy Solutions to build power transmission infrastructure across the country before undertaking due diligence on the firm is now becoming a costly affair for Kenyans.

This is after it emerged that Kenya is set to pay a penalty for terminating its contract with the Kenya Electricity Transmission Company (Ketraco). 

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} else if (now >= saleStart && now <= saleEnd) {
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var diffToEnd = saleEnd – now;
var totalSeconds = Math.floor(diffToEnd / 1000);
var days = Math.floor(totalSeconds / (24 * 3600));
var hours = Math.floor((totalSeconds % (24 * 3600)) / 3600);
var minutes = Math.floor((totalSeconds % 3600) / 60);
var seconds = totalSeconds % 60;

activeEl.innerHTML = `

Offer ends in…

${days}Days
${String(hours).padStart(2,’0′)}Hours
${String(minutes).padStart(2,’0′)}Minutes
${String(seconds).padStart(2,’0′)}Seconds

Subscribe Now & Save

`;
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const hours = Math.floor(totalSeconds / 3600);
totalSeconds %= 3600;
const minutes = Math.floor(totalSeconds / 60);
const seconds = totalSeconds % 60;
return `${days}d ${hours}h ${minutes}m ${seconds}s`;
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updateFlashSale();
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The government’s decision to engage India’s Adani Energy Solutions to build power transmission infrastructure across the country before undertaking due diligence on the firm is now becoming a costly affair for Kenyans.

Follow The Standard
channel
on WhatsApp