The Board of Directors of Ethiopian Electric Power has appointed Ashebir Balcha, executive officer, power generation construction, as chief executive officer replacing Abraham Belay (PhD) who became Minister of Innovation and Technology.
Effectively ending the long-standing electric equipment supply monopoly that Metals and Engineering Corporation (METEC), the now failing military conglomerate, had over the state-owned power utility company, Ethiopian Electric Utility (EEU), for many years, it has openly issued invitations to local manufacturers this week to supply the products, The Reporter has learnt.
The power rationing program that started in April is thwarting the productivity of the cement industry.
The local cement manufacturing industry, which has been facing a myriad of challenges, has been hard hit by the power shedding program the state power monopoly, Ethiopian Electric and the Ministry of Water and Energy recently introduced.
The Minister of Water, Irrigation and Electricity, Sileshi Bekele (PhD), hinted at the possibility of instituting a legal action, by the government, against the former officials of the Ethiopian Electric Power (EEP) and a contractor, over breach of the contractual agreement and the delay of the Repie Waste Energy Plant project construction whose capacity was said to have been halved by 50 percent from the original agreement.
The Ministry of Water, Irrigation and Electricity (MoWIE) has inked an agreement with the Ethiopian Construction Design & Supervision Works Corporation to conduct a pre-feasibility and feasibility studies for the construction of a 150 Megawatt (MW) Wabi Hydroelectric power project in the Southern Regional State.