According to Ethiopian Electric Power Corp. executive Miheret Debebe, EEPCo has signed 14 contracts worth more than $300 million with foreign firms to increase Ethiopia’s power output.
State company EEPCo has also announced a feasibility study to construct a second massive hydropower project on the upper Nile River is nearly complete, with the project part of Ethiopia’s plans to become a regional power hub in East Africa.
Among the foreign firms involved in the projects are companies from Spain, France, Germany, China, India, the U.S., Canada and Italy. The contracts provide for the construction of 20 high-voltage new sub stations, the upgrading of existing sub stations, the installation of nearly 700 miles of both underground and aerial transmission lines across Ethiopia to link Ethiopia with neighboring countries interested in electricity imports.
Speaking at the contract signing ceremony in
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