EEPCo awards Ethiopia-Sudan Interconnection Project to ENERGOINVEST, SUNIR
The Ethiopian Electric Power Corporation (EEPCo) has signed a contract agreement for the Ethiopia-Sudan Interconnection Project with two foreign companies, ENERGOINVEST of Bosnian and Herzegovina and SUNIR of Iran.
The contract awards ENERGOINVEST to construct a 297 KMs of 230 KV transmission line from Bahir Dar to Gondar to Shehedi and to the border with Sudan, according to EEPCo’s CEO, Meheret Debebe.
On the other hand, he said, the contract with SUNIR was signed to extend the existing substations at Bahir Dar, Gondar and Shehedi so that they would be able to accommodate the additional transmission lines.
The CEO said World Bank has fully financed the total investment of the project, which costs over 449.3 million Birr.
The project, which is expected to generate monthly income of about seven million US dollar to Ethiopia would be finalized by the end of June 2010, he said.
The agreement will increase to three the total interconnection projects that EEPCo is undertaking .
The Ethiopia-Djibouti interconnection is already under construction while the Ethiopia-Kenya interconnection is under study and bid preparation stage, the CEO recalled.
The CEO signed the agreement with ENERGOINVEST’s director, Jakub Viteškić and SUNIR’s managing director, Reza Ebadzadeh.
This entry was posted on December 19th, 2008 at 10:40 by apache and is filed under Business, Ethiopia, Energy.