(Yicai Global) Nov. 15 -- China CAMC Engineering will implement the second phase of its contracted city grid reconstruction project in Kenya, after receiving advance payment for the project in recent days.
CMACE received an advance payment on Nov. 13, meaning that the project contract signed between the Beijing-based firm and Kenya's energy ministry in 2012 has come into effect, according to a statement.
The contract amount for the project is CNY584.7 million (USD84.2 million), and it is expected to take 24 months.
Located in eastern Kenya, the project involves the construction of a 220-kilovolt transmission line spanning 247 kilometers and three substations. CAMCE will take on design, supply, construction, installation and commissioning responsibilities.