Fortune News | Jan 05,2019
Sep 28 , 2019
By YOSEPH MERGU ( FORTUNE STAFF WRITER )
The Ethiopian part of the 1.26-billion-dollar Eastern Electricity Highway Project that connects Ethiopia with Kenya is set to be completed next month.
Built by China Electric Power Equipment and Technology (CET), the project connects the Kenyan and Ethiopian power grids.
The high voltage electric line, which is a result of the joint venture of the two countries, has a capacity of carrying up to 2,000 megawatts and covers 1,055Km, while 433Km of the total electric highway lies within Ethiopian borders.
The construction of the power transmission line has already been completed in August 2019, and the highway is only awaiting finalisation of the construction of a substation, according to Moges Mekonnen, communication director of Ethiopian Electric Power (EEP).
After the construction of the substation is completed, the testing will be implemented within five months, and the highway will be ready for power transmission by April 2020.
Wolayta Sodo is the starting point for the 500kV line, and the overhead transmission lines are supported by approximately 38m-high and 15m-wide steel towers and sit on 4m-deep reinforced concrete foundations. The width of the line corridor ranges between 50m and 60m.
From the overall investment in the project, the World Bank provided a loan of 684 million dollars, while the African Development Bank and the French Development Agency are providing 338 million dollars and 118 million dollars, respectively.
The government of Ethiopia and the government of Kenya funded 32 million dollars and 88 million dollars, respectively.
The construction of the remaining part of the highway in Kenya is being carried out by the German company Siemens Transmission & Distribution. The work has begun from the Suswa substation in western Kenya.
Upon its completion, the project is expected to generate investment opportunities in electricity infrastructure and also gives rise to the development of other related industries.
Ethiopia currently generates 4,300MW of power, of which 90pc is produced from hydropower, while eight percent is generated from wind, and two percent is generated from thermal sources.
Ethiopia is endowed with a huge hydro generation potential, which is estimated at approximately 45,000 MW.
A hydropower expert appreciated the construction of the transmission line between the two countries.
“Construction of the transmission line is important, not only to sell but also to buy electric power when we face a shortage of supply,” Tigabu Atalo, an energy practitioner, told Fortune.
According to the expert, this is helpful for regional integration and interconnecting African countries through power.
“We must be well advised on the power purchase agreement schedule for the delivery of electricity, penalties for under-delivery and on tariff allocation.
Currently, the construction of the Grand Ethiopian Renaissance Dam (GERD) being built on the Abay River in Benshangul Gumuz Regional State has reached 68.3pc completion.
PUBLISHED ON Sep 28,2019 [ VOL 20 , NO 1013]
Fortune News | Jan 05,2019
Radar | Dec 04,2022
Fortune News | Jan 09,2021
Fortune News | Nov 21,2018
Fortune News | Sep 02,2023
Radar | Apr 03,2021
Radar | Dec 21,2019
Fortune News | Jun 07,2020
Radar | Oct 10,2020
Feb 24 , 2024 . By MUNIR SHEMSU
Abel Yeshitila, a real estate developer with a 12-year track record, finds himself unable to sell homes in his latest venture. Despite slash...
Feb 10 , 2024 . By MUNIR SHEMSU
In his last week's address to Parliament, Prime Minister Abiy Ahmed (PhD) painted a picture of an economy...
Jan 7 , 2024
In the realm of international finance and diplomacy, few cities hold the distinction that Addis Abeba doe...
Sep 30 , 2023 . By AKSAH ITALO
On a chilly morning outside Ke'Geberew Market, Yeshi Chane, a 35-year-old mother cradling her seven-month-old baby, stands amidst the throng...
Every country is eager to attract foreign direct investment (FDI) – and for good re...
Leaders of the National Election Board are in a charm offensive mood, of a sort. Last week, they organised a rare tour for members of the me...
When the country's most senior diplomats and envoys return back to their posts after two-week debriefings, they leave behind a point or two...
Feb 24 , 2024
The recent policy pronouncement by the Transport Minister, Alemu Sime (PhD), of a pla...
Feb 17 , 2024
In the vast auditoriums of Addis Abeba, far from the era when flamboyant figures like...
Feb 10 , 2024
In a last week session before Parliament, Prime Minister Abiy Ahmed (PhD) was seen ad...
In a world increasingly attuned to the nuances of data reliability and its implicatio...
During a work deployment abroad five years ago, I encountered a woman whose frailty w...
I am greeted by the sight of numerous women lining the streets upon returning home from work each day. Their offerings range from fresh prod...