ADDIS ABABA – Ethiopia’s state-owned electric producer has signed an agreement with two foreign companies to build a national electric power control center.
The deal was signed between CEO of Ethiopian Electric Power, Manyazewal Tesfaye and representatives of France’s General Electric (GE) and the Chinese Sinohydro on Thursday.
In a statement on Friday, Ethiopian Electric Power (EEP) said the two firms will together carry out the construction of two national power control centers.
The pair will also lay down control and follow up systems for all power production and distribution stations in the country.
A Finnish firm, Hifab, will serve as a consultant to the project, the state-run electric producing firm added.
At least €57.67 million and 102 million birr budgets has been allocated to the construction project, scheduled to be completed within three years. EEP said it will cover a third of the budget while the French Development Agency finances the rest.
Featured Image: EEP’s CEO Ashebir (center) signed the agreement with Manyazewal Tesfaye, GE’s Head of Sales for East Africa (R) and Sinohydro’s rep Tian Hongjun on Thursday. [Photo EEP]