$13mln Obtained from Power Export to Sudan, Djibouti in two Months

ADDIS ABABA – Electric power export to Sudan and Djibouti has generated 13.04 million US dollars in two months, says Ethiopian Electric Power (EEP) on Monday.

Ethiopia’s state-owned power producer has exported a total of 232.76 million kilowatt-hours of electric power to both neighbouring countries to earn $13.04 million.

The export revenue figure is more than $5 million short of the target authorities set for the period.

EEP’s plan was to exporte 349.56 million kilowatt-hours of power worth $18.5 million.

EEP’s Marketing Department head Minilik Getahun blamed this on the decrease on electric power demand from Sudanese side.

Sudan has bought 112.36 million kWh of electric power from Ethiopia for $5.61million in the two month period.

EEP, however, has been able to surpass its power export target to Djibouti by 15.38%.

The company said it has sold 120.39mln kWh electricity to Djibouti and secured $7.42 million in revenue.

EEP also secured more than 2.74 billion Birr income from energy sales and fiber optic rental for its local customers in the same period.

One thought on “$13mln Obtained from Power Export to Sudan, Djibouti in two Months

Comments are closed.