The East African country Tanzania is in talks with the Adani Group for a $900 million public-private partnership project to build high-voltage power lines. According to a Bloomberg report, a Tanzanian official has given this information. According to David Kafulila, executive director of Tanzania's Public-Private Partnership Center, the Adani Group has expressed its interest to the East African government.

According to the report, Tanzania is also in talks with UK company Gridworks Development Partners LLP for a $300 million power line project under a public-private partnership. Gautam Adani's company is expanding in East Africa with investments in Tanzania and neighboring Kenya. Talks going on in Kenya Apart from this, Adani Group in Kenya is negotiating with the country's power transmission company for a concession to build high-voltage power lines worth $736 million. On Thursday, Adani Power shares closed at Rs 649, down 0.64 per cent. In the last one year, the company's stock has seen a rise of 76.98 per cent.