Oromia's Steam Power Poised to Propel Progress

Sep 18 , 2023


Over half of the drilled steam power generating wells are deemed complete by the Ethiopian Electric Power (EEP) at Aluto Langano Geothermal Power Station in Arsi Zone, Oromia Regional State. The project carried out with a 143.5 million dollar financial package from the World Bank where 24.5 million dollars was a grant. An agreement with World Bank has been reached for the drilling and testing of four other sites until next year. The wells are drilled to depths between 2,500m to 3,000m each and are expected to generate a total of 70MW energy when the two phases are complete. After completing the testing procedures, officials revealed the completion of six wells that can generate up to 25MW energy. Mesay Fekadu, director of the Department of Geothermal Sector Development Project at EEP, said the remaining four will be functional in the coming four months. Ethiopia has renewable energy resources with the potential to generate over 60,000 MW of electric power from hydroelectric, wind, solar and geothermal sources. With only around half of Ethiopia's population having access to electricity, development institutions and private energy companies have insisted on the development of renewable energy sources to meet the nation's demand.


Radar

City Approves Supplementary Budget for Capital Projects

Mayor Adanech Abiebe updated the City Council on the corridor development project during a meeting. While progress has been made, there are outstanding issues for some residents. An estimated 20pc of the 5,135 households impacted by construction have not yet received compensation or replacement housing. The Council approved a supplementary budget of 21 billion Br for the current fiscal year, which ends in two months. Over 90pc of these funds are earmarked for finalising capital projects, with...


Radar

Oromia Insurance Makes Historic Payout to Farmers

Oromia Insurance S.C. facilitated a 39 million Br payout in claims to Amhara Regional State farmers who suffered crop losses due to pest and drought. The initiative involved key stakeholders including the World Food Program (WFP), the Agricultural Transformation Institute (ATI), Pula Advisors, Agriculture and Finance ministries, and German development organisations. Spearheaded by Pula Advisors, the program has reached over 122,000 smallholder farmers, providing insurance against climate risk...


Radar

Ethio telecom Rolls Out Nationwide Digital ID Registration

Ethio telecom has launched a nationwide digital national ID registration program across 19 locations in Addis Abeba and 29 towns nationwide. With plans to register up to one million citizens a month, targeting to reach 32 million people within the next three years. The target represents 36pc of the total national goal of registering 90 million citizens. This program leverages the telco's extensive ICT infrastructure and network services in partnership with the national ID program office, led...


Back
WhatsApp
Telegram
Email