Sessional Paper No. 01 of 2004 on Kenya Government Guarantee of a Loan of Japanese Yen 10,544,000,000 Equivalent to Ksh.7,543,260,400 from the Japan Bank for International Cooperation (JBIC) to The Kenya Electricity Generating Company for the Implementation of the Sondu Miriu Hydro-Power Project

Abstract

In accordance with the provisions of the Guarantee (Loans) Act (Cap 461) of the Laws of Kenya, the following information is laid before the National Assembly for consideration and approval. With the full support of the Government, the Kenya Electricity Generating Company Limited has successfully negotiated for a second loan of Japanese Yen 10,554,000,000 equivalent to Kshs. 7,543,260,400 from the Japan bank for International Cooperation (JBIC) to finance phase II of the Sondu Miriu Hydro Electric Power Project...