A timber processor claimed there was fraud in the procurement of treated power transmission poles by the Rural Electrification and Renewable Energy Corporation (Rerec).
Victory Square Technologies Provides Corporate Update as at May 31, 2021 streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Ahmedabad (Gujarat) [India], May 19 (ANI): Adani Green Energy Limited (AGEL) on Wednesday signed a share purchase agreements for the acquisition of 100 per cent interest in SB Energy India from SBG (80 per cent) and Bharti Group (20 per cent).
THE STANDARD
BUSINESS
Rural Electrification and Renewable Energy Corporation Chairman Prof Simon Gicharu addressing the press in Nakuru, October 19, 2020. [Kipsang Joseph, Standard]
The Rural and Renewable Energy Corporation (Rerec) is seeking to increase electricity coverage in rural areas across the country through partnership with county governments.
The corporation has said it would match investments made by county governments in lighting up their respective areas.
Rerec, mandated with increasing electricity coverage in rural Kenya as well as growing use of renewable energy, said its Matching Fund Programme dubbed ‘shilling for a shilling’ would double the money allocated by county governments or MPs in their constituencies in lighting up villages that are yet to be hooked to the national electricity grid.