Sessional Paper No. 03 of 1984 on Kenya Government Guarantee of a Loan to the Tana and Athi Rivers Development Authority by Grindlays Bank P.L.C to Finance Part of the Construction Cost of the Kiambere Hydroelectric Project
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Publication Date
1984Author
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Sessional Paperviews
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Government of Kenya
Abstract/ Overview
The Government proposes to guarantee a loan of Deutsche Mark Twenty five million (DM 25,000,000) equivalent to Kenya Shillings One hundred thirty one million seven hundred forty thousand (Kshs. 131,740,000) to be made available to the Tana and Athi Rivers Development Authority (TARDA) by the Grindlays Bank p.l.c. which has its Head Office in London, United Kingdom. The International Bank for Reconstruction and Development (IBRD) and the Yugoslav Bank for International Economic Co-operation are co-financiers of the project. A further Government contribution in the form of equity in the amount of Kshs. 603.8 million would be used to defray the cost of duties and taxes imposed on the project...
Subject/ Keywords
Hydroelectric Project; Loan Guarantee; Loan Financing; Electricity Supply; Loan Agreement; Kenya
Affiliated Ministerial Docket
Ministry of Energy and PetroleumPublisher
Government of KenyaSeries
Sessional Paper No.3 of 1984;Collections
- Sessional Papers [423]
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