Ethiopia signs electrical equipment purchase agreement with Chinese firm
Source: Xinhua | 2022-04-20
The state-owned Ethiopia Electric Power (EEP) announced on Monday evening it has signed a 16.4 million U.S. dollars electrical equipment purchase agreement with a Chinese firm.
In a press statement, EEP said the agreement signed with TBEA Co., Ltd is for the purchase of Gas-Insulated Switchgears (GIS). Under the agreement, old electricity distribution centers will be replaced in a three-year period with new GIS switchgears.
The energy sector is one of Ethiopia's priorities as the country envisages becoming a light manufacturing hub in Africa and a middle-income economy by 2025.
The East African country is striving to increase its electricity generating capacity from the current 4,200 MW to around 35,000 MW by 2037.
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