Kenya Airports Authority (KAA) said it has received an investment proposal from the Adani Group for the upgradation of the airport in Nairobi. The investment proposal under the public-private partnership has been submitted by Adani Airport Holdings Ltd (AAHL) for Nairobi's Jomo Kenyatta International Airport (JKIA).
Currently, AAHL manages seven airports in India and is also developing the Navi Mumbai airport.
In a statement, JKIA Managing Director and Chief Executive Officer Henry Ogoye said the proposal came following the Kenyan government approving a medium-term investment plan for the upgradation of the passenger terminal building, runway, taxiway and apron at the Nairobi airport.
JKIA was built in 1978 and is a strategic national asset. "Its ageing infrastructure is a threat to our regional competitiveness," he said.
According to him, the attendant investment requirement is significant and cannot be funded with the prevailing fiscal constraints without recourse to private funding.
AAHL's proposal will be subjected to technical, financial and legal reviews alongside requisite due processes in compliance with the Public Private Partnerships Act 2021, he said.
As per the statement, the project agreement will be followed by stakeholder engagement besides the approval from the National Treasury and the Attorney General clearance as well as the Cabinet approval.
Adani Green operationalises wind power generation
Adani Green Energy Limited (AGEL) announced that it has operationalised 250 megawatt (MW) wind power generation at Khavda in Kutch region of Gujarat.
Khavda houses the world’s largest renewable energy park with a capacity of 30,000 MW. This takes AGEL’s portfolio to 11,184 MW, the company said. Khavda witnesses 2,060 kWh/ m2 of high solar irradiation and is one of the best wind resources in India, with speeds of 8 metre per second. With this, 2,250 MW of cumulative capacity has been made operational at the Khavda plant, AGEL stated in a regulatory filing.
Khavda Renewable Energy plant is equipped with one the world’s largest and most powerful onshore wind turbine generators (WTG) of 5.2 MW capacity each.
