Wednesday, February 21, 2024

Tag: Electricity

Manufacturers lament new electric tariff as exaggerated

Following the adjustment of electricity tariffs ranging from 30 percent to 90 percent, which is expected to enter into effect in the upcoming month, industrialists across Ethiopia are criticizing the increments claiming that it is over-inflated and requested the tariff to be revised.

IFC to invest on 500MW solar power

Amid budgetary support, the World Bank Group (WBG) has approved a commitment of USD 1.2 billion to Ethiopia this week, the International Finance Corporation (IFC) – the private sector arm of the WB – said that it is working on a solar power program that will help generate 500 megawatt of electricity in the country.

Major power, highway projects valued at USD 6.5 bln approved for PPP 

The newly instituted Board of the Private and Public Partnership (PPP) has approved 17 major hydropower and highway projects, costing USD 6.5 billion for private sector involvement under the newly drafted PPP framework, The Reporter has learnt.

Mega power, highway projects worth USD 6.5Bin approved for PPP

The newly instituted Board of the Private and Public Partnership (PPP) has approved 17 major hydropower and highway projects, costing USD 6.5 billion for private sector involvement under the newly drafted PPP framework, The Reporter has learnt.

EnDev, Irish Aid hands over solar systems

Energizing Development (EnDev) program in partnership with Irish Aid has handed over 25 solar power systems which will benefit 125,000 people in the Southern and Tigray Regional States.

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