Ethiopian Electric Power Generates Over Birr 75 Billion in Revenue for 2024/25 Fiscal Year
Ethiopian Electric Power (EEP) announced that it earned more than Birr 75.4 billion in revenue during the 2024/25 fiscal year.
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Ethiopian Electric Power (EEP) announced that it earned more than Birr 75.4 billion in revenue during the 2024/25 fiscal year.
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Ethiopian Electric Power (EEP) reported that the country earned USD 118.1 million from electricity exports to neighboring countries during the 2024/25 Ethiopian fiscal year.
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Ethiopia has started exporting electricity to Tanzania through Kenya for the first time on a trial basis, according to an announcement by Ethiopian Electric Power.
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Prime Minister Abiy Ahmed announced today that the Grand Ethiopian Renaissance Dam (GERD) has been completed and will be officially inaugurated this September. Speaking during the 42nd regular session of the House of Peoples’ Representatives, he stressed that “nothing can prevent the inauguration,” despite external pressures.
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Prime Minister Abiy Ahmed announced that Ethiopia will begin producing and exporting gas to the global market next year, following the completion of gas transmission infrastructure in the Somali Region. Speaking before the House of People’s Representatives, he confirmed that gas sales are expected to start early next year.
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