Economy

Ethiopia To Export Power to Tanzania Via Kenya; Here is What We Know

Ethiopia has invested heavily in hydropower infrastructure, constructing at least four large-scale dams, including the Grand Ethiopian Renaissance Dam.

Ethiopia is set to export 100 megawatts of electricity to Tanzania through Kenya, pending the finalization of a cross-border power trade agreement.

According to Moges Mekonnen, spokesperson for Ethiopian Electric Power (EEP), the quantity of electricity could be adjusted during the concluding negotiations.

A key prerequisite for this arrangement—a transmission agreement between Kenya and Tanzania—has already been signed and is awaiting regulatory approval. John Mativo, CEO of Kenya Electricity Transmission Company (KETRACO), confirmed that electricity generated in Sodo, southern Ethiopia, will be transmitted through Suswa in Kenya to Arusha in northern Tanzania.

Ethiopia has invested heavily in hydropower infrastructure, constructing at least four large-scale dams, including the Grand Ethiopian Renaissance Dam. These projects aim to power Ethiopia’s growing manufacturing sector and export surplus electricity to neighboring countries.

Kenya began importing 200 megawatts of hydropower from Ethiopia in 2022, highlighting the growing regional power trade. In the first quarter of the current fiscal year, Ethiopia earned $31.5 million by exporting 497.8 gigawatt-hours of electricity to Djibouti, Sudan, and Kenya, achieving 91.8% of its revenue target, according to EEP reports.

Monitor Your Business Transaction

Lawrence Baraza

Lawrence Baraza is a dynamic journalist currently overseeing content at Metropol TV Digital. With a keen focus on business news and analytics, Lawrence guides the platform in delivering insightful, data-driven content that empowers its audience to make informed decisions. Lawrence’s commitment to quality and his ability to anticipate market trends make him a key figure in the digital media landscape. His work continues to shape the way business news is consumed, making a significant impact in the field.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button