- The Africa50 is a pan-African infrastructure investment platform.
- They have partnered to develop Africa’s first Public-Private Partnership (PPP) mode transmission project in Kenya. The project is named as ‘Kenya Transmission Project’.
- They will jointly work in development, construction, finance, and operation domains for the project.
- The ‘Kenya Transmission Project’ will supply reliable power to Western Kenya.
- This will also pave way for an increase in private sector investments into the expansion of Africa’s power transmission networks.
- The POWERFGRID will contribute to providing technical and operational support for the project.
- And Africa50 will provide development and finance support for the project.
- Static Part:
- HQ of POWERGRID: Gurgaon, Haryana
Question:
Q.1 Which organization signed a joint development agreement with Africa50 to develop Africa’s ‘Kenya Transmission Project’?
a. NTPC Limited
b. POWERGRID
c. Tata Power
d. Reliance Power Limited
a. NTPC Limited
b. POWERGRID
c. Tata Power
d. Reliance Power Limited