Ethiopia-Kenya Transmission Line Project to Commence in September

Construction work on the 1,068km long Kenya-Ethiopia transmission line project will commence in September 2013.

The Eastern Electricity Highway Project which cost USD 1.26 billion is expected to provide cheap power to Kenya from Ethiopia's hydro-electric plants.

Kenya Association of Manufacturers CEO,  Betty Maina said the lower electricity costs would result in reduced production costs for companies and cost of living for workers.

"There are many investors who want to venture into Kenya but they are put off by the high cost of electricity. As a result, they flee to neighboring countries," Maina added.

Kenya Electricity Transmission Company and Ethiopian Electric Power will implement the project, while German engineering firm Lahmeyer International will supervise the project. The project is scheduled to be completed in September 2018.

Source: Walta

 

 

Exchange Rates

Selling
Buying
USD 36.2387  35.5281 
GBP 45.3606  44.4712 
EUR 42.7580  41.9196 
CHF 37.9556  37.2114 
CAD 24.6753  24.1915 
AED 8.9278  8.7527