The deal to import 400MW was reached on Monday between Kenya’s Ministry of Energy and Ethiopia’s Ministry of Water and Energy but failed to agree on pricing.
According to estimates from the Energy Regulatory Commission (ERC), new hydro-power projects price power between $0.093 (Sh7.70) and $0.111 (Sh9.20) per kilowatt hour. One kilowatt hour is equivalent to a single unit of power consumption - what is used to bill customers.
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