2merkato

The Ethiopian Electric Power Corporation scrapped a proposed plan to restructure. The restructure called for Ethiopia’s electric power provider to be split into four separate entities.

A 33 million birr study carried out by Italian consultants Ben and Company had proposed the four way split into Power Distribution, General Administration, Utility Management, and Hydroelectric Power Dams.

It was planned that that the split into four different entities, that was to commence as of last November, would make the operations of EEPCo more efficient.

The Ethiopian Electric Power Corporation is working to address the persistently increasing demand for power in Ethiopia announced Miheret Debebe Chief Executive Officer of the Corporation.  

It is expected that electric coverage in Ethiopia will reach 75% in five years when the country is able to generate 8000-10000 MW he said.

The completion of projects initiated to increase the capacity of the nation to generate more electric power will allow Ethiopia to export power to neighboring countries according to Miheret.

The Ethiopian Electric Power Corporation is to construct six wind power and one Geo Thermal Power Plant this fiscal year. The alternative power generating projects are expected to have the capacity to generate 1,015 Mega Watts.

The wind power projects are Adama II Wind Power Project (153 MW),  Assela Wind Power Project, (100MW),  Ayisha Wind Farm (300MW), Debre Berhan Wind Farm (100MW), Galema I Wind Power Project (250 MW) and the Mosebo Harena Wind Farm (42 MW).

The Aluto Langano Geo Thermal Project is expected to have the capacity to generate 70 MW.

Ethiopian Electric Utility is working to resolve power outages nationwide. It has allocated a budget of Birr 26 billion to address the problem.

The Ethiopian Electric Utility (EEU) announced it collected over $245.6 million (7.18 billion birr) from the sale of electrical energy during the Ethiopian fiscal year which ended on July 7, 2019.