Ethiopian Electric Power (EEP) has announced that it has generated more than USD 61 million from the sale of electricity to neighboring countries over the past six months while undertaking infrastructure upgrades to enhance power supply reliability.
According to Moges Mekonnen, EEP’s communications director, the company remains committed to power generation and supplying electricity both domestically and internationally. Speaking to Fana Digital, he highlighted the company’s performance in the first half of the fiscal year, revealing that while the plan was to generate 11,686 gigawatt hours of electricity, the actual output reached 13,504 gigawatt hours.
During this period, Ethiopia supplied 274.2 gigawatt hours of electricity to Djibouti, generating USD 17.16 million in revenue. Additionally, the country exported 654.9 gigawatt hours to Kenya and 26.6 gigawatt hours to Sudan. The total earnings from electricity exports to these three countries surpassed USD 61.07 million.
In related news, EEP has been carrying out infrastructure reconstruction and power upgrade initiatives. Over the past seven months, the company has completed 38,855 kilometers of preliminary maintenance work and 5,205 kilometers of reconstruction work.
Moges also reported that power upgrades have been carried out on 941 transformers in areas with high electricity demand. Additionally, 2,001 new transformers have been installed to boost power supply capacity. To expand access to electricity, EEP has extended distribution lines by 7,060 kilometers.
Source: Fana BC
