Jan 25 , 2025
A power sales agreement has been inked for 100 megawatts of electricity by Ethiopia to Tanzania, after a three-way negotiation between Ethiopian Electric Power (EEP), the Tanzania Electric Supply Company (TANESCO), and the Kenya Electricity Transmission Company Limited (KETRACO). The contract, which is based on legal, commercial, and technical considerations, was signed by representatives from each of the three companies and includes a power sales agreement between Ethiopia and Tanzania, and a power transmission line lease agreement between Kenya and Tanzania. The deal was approved by high-level officials in the respective countries and is set to be implemented starting April 2025. The agreement was signed by Merkneh Yigezu, legal department director of EEP, Godfrey Kariuki, strategy manager at KETRACO, and Renta Ndge, deputy director of planning, research, and investment of TANESCO. The agreement was built on the previous electricity sale agreement and relationship between Ethiopia and Kenya. Ethiopia currently exports around 200 MW of electricity to Kenya, 100 MW to Sudan, and 66 MW to Djibouti, totalling 366 MW of electric power. The EEP aims to earn around 300 million dollars from electricity exports in the current fiscal year after earning 140 million dollars in the previous year.
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