Ethiopia starts selling power to Kenya, eyes $100m annual returns
Click here to read full article from source
Nairobi, Nov. 19 -- Ethiopia on Thursday officially started commercial power exports to Kenya, the state power utility Ethiopian Electric Power (EEP) announced.
The long-awaited power sale to Nairobi comes one week after Ethiopia conducted a successful test run of electricity supply to Kenya via the 500KV cross-border transmission power line built to link power grids of the two neighbours.
In a statement, EEP said that Ethiopia has completed activities to ensure uninterrupted and reliable transmission of power to Kenya while noting that Kenya will similarly execute and implement pending activities on its part.
Ethiopia plans to earn as much as $100 million annually from electricity exports to Kenya.
Last month, Kenya signed a 25-year ...
To read the full article or to get the complete feed from this publication, please Contact Us