Ethiopia has a Potential to Generate 1 Million MW of Power from all Energy Sources, Says CCTV

A power sector conference just concluded in Addis Ababa, Ethiopia, has agreed to tap into the country’s huge hydro resource to make the country self sufficient. The conference also emphasized the country’s plans to export power to neighbouring countries.

Ethiopia has a potential to generate 1 Million MW of power from all energy sources, including wind, hydro, thermal and more.

CEO of Ethiopian Electric Power, Engineer Azeb Asnake, says, “there is no any limit in generation capacity” for investors. So, investors can invest in any range of capacity. Additionally, investors can benefit from tax holidays, as the government is encouraging investments in power, manufacturing, agriculture and many other industries.

Ethiopia is currently exporting 100 MW of power to Djbouti and 32 MW of power to Sudan.

CCTV’s Girum Chala reports:

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2 Responses

  1. Another good news, God bless Ethiopia (mother land)
    I believe it’s all Ethiopians wishes and dreams to see that all mega projects completed and Ethiopians step on poverty and being exalted.

  2. Irish Stock Exchange to list Ethiopia’s Eurobond!! most of us have dreamed of this happening, how exciting!!

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