Ethiopian Electric Power concluded an agreement with China Electric Power Equipment and Technology Ltd on June 19, 2015 to construct the Ethio-Kenya transmission line project, according to Ethiopian News Agnecy.

The deal is worth USD 119 million and was signed by CEO Engineer Azeb Asnake and Vice President Chen Wei.

Ethiopia secured loan from African Development Bank to finance its part of the project.

Engineer Azeb at the signing ceremony, stated the transmission line would cover 433 km stretching from Wolayita Sodo to the Kenya border and will be completed in 26 months.

Ethio-Kenya power system interconnector with its bi-directional transfer capacity of 2000 megawatt is acknowledged to be the Eastern Electricity Highway, she added.

Source: Ethiopian News Agency