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EEP, South Korea Launch Study Program to Modernise Electricity Tariffs


EEP, South Korea Launch Study Program to Modernise Electricity Tariffs

Ethiopian Electric Power (EEP) has launched a joint knowledge-sharing study program with the Government of the Republic of South Korea to modernise Ethiopia’s electricity tariff negotiation framework. Officials noted that roughly 46pc of the population still lacks access to electricity, highlighting the need to expand capacity while ensuring the sector’s financial sustainability. The initiative aims to update tariff procedures and strengthen institutional capacity to better harness the country’s green energy potential. The collaboration will facilitate knowledge transfer, drawing on South Korea’s experience in power sector reform and modernization. EEP will oversee the transition from the study phase to practical implementation. By aligning the country’s tariff negotiation framework with international standards, the program seeks to boost financial sustainability, attract private investment, and reduce sectoral risks.

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Radar

Parliament Receives $237m Development Loan Package

The Council of Ministers forwarded two concessional loan agreements totalling 237.3 million dollars to Parliament for ratification, targeting rural infrastructure and food security. The package includes 46.3 million dollars from the African Development Bank (AfDB) for climate-resilient infrastructure in pastoralist regions. A second credit facility of 191 million dollars (146.1 million SDR) from the International Development Association (IDA) is earmarked for the sixth phase of the Productive Sa...


Radar

MoTRI to Overhaul Consumer Protection Rules Following Cabinet Approval of Trade Policy

The Council of Ministers, led by Prime Minister Abiy Ahmed (PhD), approved Ethiopia's first unified trade policy last week, ending a three-year deliberation period to fill a decades-long regulatory vacuum,. This institutional milestone mandates the Ministry of Trade & Regional Integration (MoTRI) to overhaul consumer protection frameworks, specifically requiring a rigorous revision of the Trade Competition and Consumer Protection Proclamation to eliminate market distortions and the prolifera...


Radar

Regional Power Exports Yield $366m as Capacity Hits 9.6GW

Ethiopian Electric Power (EEP) generated 365.99 million dollars from regional exports in the first nine months of the fiscal year as national capacity reached 9,579MW. The revenue followed the sale of 24,940GWh, representing 91pc of gross generation. Hydropower remains dominant, providing 9,500MW. To diversify assets and mitigate climate risks, the utility integrated the 100MW Asela Wind Power Project. The transmission network has expanded to 148,600km to secure domestic industrial supply and...