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EEPCO concluded an Agreement for Transmission Line to Kenya

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Category: Latest Business Alerts

eepco-logoEthiopian 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.

Last Updated on 22 June 2015
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EEPCo Gives Clients the Option to Import Transformers

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Category: Latest Business Alerts

Ethiopian Electric Power Corporation has given its clients the option to import their own transformers so as to access high voltage power quickly.

EEPCo gave its clients this option because it does not have enough transformers to meet the demand leading to constant delays according to sources.

The corporation has offered to options for its clients, to wait for it supply the transformers or to import the components on the basis of EEPCo’s specifications said Misikir Negash, Public Relations Head for the Corporation.

Last Updated on 14 August 2013
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EEPCo Launches Power Export to Sudan

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Category: Import and Export

Ethiopia has launched the export of electric power to the Republic of Sudan. The corporation began test export four weeks ago along the Gadarif Galabat electric power transmission line according to Mihret Debebe, Chief Executive of the Ethiopian Electric Power Corporation.

It is expected that the power transmission line will be inaugurated by Ethiopian Prime Minister Hailemariam Desalegn and Sudanese President Omar Albashir.

The transmission makes Sudan the second country after Djibouti to import power from Ethiopia.

Last Updated on 14 August 2013
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EEPCo Secures External Financing for Wind Power Project

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Category: Banking and Finance

The Ethiopian Electric Power Corporation secured external financing for the Aysha Wind Farm. The project received money from a Chinese financial firm and a European Investment Bank.

The Aysha Wind Farm is part of the national wind power project to develop national green power. The construction of the windmill is expected to be launched this financial year by the Ethiopian Metal Engineering Corporation.

The farm intended to produce 300MW when completed has been a focus of interest for several international investors.

Last Updated on 14 August 2013
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EEPCO to Inaugurate Adama I

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Category: Latest Business Alerts

The Ethiopian Electric Power Corporation is to inaugurate Adama I wind Farm on the 1st of December. The project completed at a total cost of 117 million US dollars was constructed with an installed generation capacity of 51 Mega Watts.The Adama Wind farm has a total of 34 towers with the ability to generate 1.5 MW each.

Eight five percent of the 117 million US dollar budget was covered by a loan arranged by the Export-Import bank of China. The Ethiopian government covered the remaining fifteen percent in financing.

The mechanical work for the wind farm was handled by Hydro China and the civil work was taken care of by CGOC.

Last Updated on 14 August 2013
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